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Property description & features
Bradley Hall is 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.
There is a strong student presence in the area, with some 22,500 students enrolled at Teesside University in 2023/24, of which approximately 50% live out. The property would be ideally suited to be let to students, being located just 0.1 miles from the university, offering convenience and easy access to campus facilities. 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.
DESCRIPTION
The 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 been granted planning for a mixed use commercial and residential scheme comprising 2no. commercial units, 8no. studios. Planning reference 24/0030/FUL.
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.
Places of interest
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*DISCLAIMER
Property reference TEV240048. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall - Durham.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on September 20, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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