Retail premises for sale in Borough Road, Middlesbrough TS1

Opportunity

Bradley Hall are delighted to be appointed to market this Middlesbrough Town Centre conversion opportunity.

Location

The building is located on Borough Road, just off Hartington Road, Union Street and Linthorpe Road and opposite ‘The Crown’ Pub development site. The building is
approximately 0.5 miles to the A66 and 3 miles to the A19.
The local area is generally made up of retail, leisure, office and residential uses. There are a variety of local businesses on Borough Road, served by the local community.
There is also a strong student presence in the area, with some 28,000 students enrolled at Teesside University in 2023/24 of which approximately 50% live out.

Description

The existing building is approximately 315.50 sq m (3,395 sq ft) broken down as 2no.commercial units and living accommodation on the upper floors, accessed separately.
Our client has prepared plans for a mixed use commercial and residential scheme comprising 2no. Commercial units, 8no. Studios. These can be provided on request.

Terms

Our client is seeking offers for their Freehold interest of £495,000.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers
are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed
net of VAT.

Legal costs

Each party is to bear their own legal costs involved in the transaction.