The Tower Club 390 Newport Rd 15,478 SF Office Building Middlesbrough TS5 4BT £200,000 (£12.92/SF)



INVESTMENT HIGHLIGHTS
- Asking Price £200,000
- Substantial cap-ex recently undertaken
- Total Area: 1,437.10 sq m (15,478 sq ft)
- Fully Let until 2024 at £31,000 per annum
- £45,000 lump sum to buyer from telecom mast operator upon lease completion
- Freehold Vacant Church
EXECUTIVE SUMMARY
Offers in the region of £200,000 (Two Hundred Thousand Pounds) are invited, subject to contract, for the benefit of our client’s freehold interest.
Please note that the vendor reserves the right not to accept the highest or any offers received.
Please note that the vendor reserves the right not to accept the highest or any offers received.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Taxes |
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Operating Expenses |
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Total Expenses |
$99,999
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$9.99
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PROPERTY FACTS Sale Pending
Sale Type
Owner User
Property Type
Office
Tenure
Freehold
Building Size
15,478 SF
Building Class
B
Year Built
1900
Price
£200,000
Price Per SF
£12.92
Number of Floors
2
Typical Floor Size
7,739 SF
AMENITIES
- Security System
- Storage Space
- Air Conditioning
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