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Property details
Map & nearby

Retail premises for sale in Market Place, Middlesbrough

Investment

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Retail premises for sale

1,851 sq. ft*

Property features

Fully Tenanted Investments
8.8% Return
Popular Location
Spacious Flat
Prominent Corner Plot
On Site Car Parking
Adjacent To Main Shopping Centre

Property description

34 Market Place - 2 Kings Road, Middlesbrough TS3 6HR

Fully tenanted investment based in the prime location just off the North Ormesby Market Square.

A excellently located corner plot boast access for the tenants from both Market Place and Kings Road.

34 Market Place, TS3 6HR - 5 year lease expiring 31st July 2026, Paying £565 Per Month - EPC Rating: C - 624.30 SqFt

2 Kings Rd, TS3 6NF - 5 year lease expiring 28th Feb 2027, Paying £350 Per Month - EPC Rating: B - 290.62 SqFt

2A Kings Road, TS3 6NF - Month To Month AST, Paying £474 Per Month - EPC Rating: D - 936.46 SqFt

Total Annual Rental Income - £16,680

Total Square Feet - 1851.38

Leases are available to view upon signing an nda

For Sale - £189,500 (8.8 % Yield)

Property info

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Barras, and do not constitute property particulars. Please contact Parker Barras for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.