63-75 Corporation Rd
Middlesbrough TS1 1LY
Rede House · Retail Property For Sale
·
2,820 SF
INVESTMENT HIGHLIGHTS
- Prominent Location
- Good Transport Links
- Close to local amenities
EXECUTIVE SUMMARY
The property is prominently situated on Corporation Road adjacent to Albert Road in Middlesbrough town centre. The location lies adjacent to the A66 providing swift access across the region and all town centre amenities are within convenient walking distance. The general location is currently undergoing considerable regeneration with recent openings including Bistrot Pierre, Turtle Bay and Lane 7 all within close proximity.
PROPERTY FACTS
| Unit Size | 1,320 SF |
| No. Units | 1 |
| Total Building Size | 2,820 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront |
| Sale Type | Investment |
| Building Class | C |
| Number of Floors | 7 |
| Typical Floor Size | 2,820 SF |
| Year Built | 1966 |
| Lot Size | 0.55 AC |
1 UNIT AVAILABLE
Unit 2
| Unit Size | 1,320 SF |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Net Initial Yield | 13.70% |
| NOI | £23,975 |
DESCRIPTION
Both units share an entrance into the building from the coffee shop on the right hand side, alongside this both units also share WC facilities.
SALE NOTES
For Sale - £175,000 - Fixed Price
AMENITIES
- EPC - C
