423-425 Linthorpe Rd 2,240 SF 33% Leased Office Building Middlesbrough TS5 6HH £310,000 (£138.39/SF)
INVESTMENT HIGHLIGHTS
- Prime location
- For sale and let
- Great transport links
EXECUTIVE SUMMARY
Upon entering the property, you have split access to the former café on the left and the former retail unit to the right. Both ground floor units have further kitchenettes and storage rooms to the rear of the property.
On the first floor, above the café, ongoing works are being carried out to convert into a 2-bedroom flat. There is possibility for the same to be complete on the other side above the retail unit.
The two ground floor commercial units are available to rent, searches for tenants are ongoing.
Once fully let, we anticipate an annual income of £27,400 per annum
On the first floor, above the café, ongoing works are being carried out to convert into a 2-bedroom flat. There is possibility for the same to be complete on the other side above the retail unit.
The two ground floor commercial units are available to rent, searches for tenants are ongoing.
Once fully let, we anticipate an annual income of £27,400 per annum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
2,240 SF
Building Class
B
Year Built
1955
Price
£310,000
Price Per SF
£138.39
Percent Leased
33%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,120 SF
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
This was previously used as a café and benefits from a customer seating area at the front of the property, kitchen towards the rear, storage room and a bathroom. This is approximately 507 sqft. A medium sized yard is at the rear of the property. Located at the front of the property is a courtyard which is to be shared with the tenant in the retail shop. The owner is willing to rent the entire property to one tenant, please enquire for more.
| Space | Size | Space Use | Condition | Available |
| Ground | 507 SF | Retail | Full Build-Out | Now |
Ground
| Size |
| 507 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
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