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Guide price
£295,000

Studio for sale

Borough Road, Middlesbrough, TS1
Auction
Studio
312 sq ft / 29 sq m
EPC rating: E
Added > 14 days

Key information

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Features and description

ONLINE AUCTION ON THURSDAY, 12 DECEMBER 2024. FOR FURTHER INFORMATION, SUCH AS LEGAL DOCUMENTS AND PROPERTY INFORMATION, PLEASE VISIT BIDX1.COM.

*For sale via secure sale online bidding: terms and conditions apply.*

OPPORTUNITY
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. These can be provided on request.

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.

About this agent

Bradley Hall - Durham
Bradley Hall - Durham
26-27 New Elvet Durham DH1 3AL
0191 392 0920
Full profileProperty listings
We are a multi-disciplinary chartered surveying and property consultancy with more than 25 years’ experience of the local housing market. Operating primarily from our Durham, Gosforth and Alnwick offices, our residential team is made up of highly qualified, motivated staff who pride themselves on offering an unrivalled personal service to homebuyers and sellers. We guide you through the sales process from instruction through to completion and strive to make this journey as hassle-free as possible. With our in-depth local knowledge, we are best placed to provide advice on the valuation, acquisition, disposal and letting of a wide range of homes. Our extensive marketing and negotiation skills enable us to get the best deal for you in a timely and efficient manner. We also provide consultancy services on a diverse range of regeneration projects, from city centre residential developments to mixed-use out-of-town schemes.
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