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53 Newport Rd

1,395 SF 100% Leased Retail Building Middlesbrough TS1 1LB £120,000 (£86/SF)

Investment Highlights

  • Close proximity to public car park
  • Opposite the bus station
  • Town centre location

Executive Summary

The freehold property is available at an asking price of £120,000.
The property comprises a mid terraced two storey building comprising ground floor retail unit and upper floor stores. The building was most
recently occupied as a café/restaurant and is currently arranged to provide ground floor restaurant with customer toilets and kitchen under further restaurant seating and stores to the first floor.

Attachments

53 NEWPORT ROAD

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Retail
Building Size
1,395 SF
Year Built
1990
Price
£120,000
Price Per SF
£86
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.51
Lot Size
0.02 AC
Frontage
16 ft on Newport Road

Nearby Major Retailers

Lloyds Bank
YMCA
ASDA
Barclays
Costa Coffee
Iceland
NatWest
Starbucks
Turtle Bay
German Doner Kebab
  • Listing ID: 33659681

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 53 Newport Rd, Middlesbrough TS1 1LB

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