Land
Key information
Features and description
- Tenure: Freehold
- Freehold mixed use development opportunity
- Arranged as two retail units and five flats
- Planning permission for two commercial units and eight student flats
- Approximately 315.50 sq m (3,395 sq ft)
- Prominent high street location
- Within 5 minutes' walk of Teeside University (approximately 22,500 students)
- Vacant possession
- Online Auction on Thursday, 12 December 2024
A mid-terraced building of traditonal construction beneath a pitched roof totalling approximately 315.50 sq m (3,395 sq ft). The building is arranged as two ground floor commercial/retail units with five flats on the ground, first and second floors. Planning permission has been granted for the conversion of the upper floors to eight student units (refer to Planning Details).
Location:
Middlesbrough is a port town lying approximately 40 miles south of Newcastle upon Tyne and 26 miles south east of Durham. It can be accessed via the A66, A19 and A172 with the A6 linking to the A1(M) at junction 58 to the west. Middlesbrough railway station lies within a short walking distance of the property and provides regional rail links as well as regular direct services to Manchester Piccadilly, Leeds, Manchester Airport and London Kings Cross. Additionally numerous bus routes serve the area and Teesdie International Airport lies approximately 10 miles to the south west of the town.
Borough Road is one of the main thoroughfares in the town centre with the property lying on its north side near the junction with Fairbridge Street. The property lies less than 0.1 miles from Teeside University, which has approximately 22,500 students, 50% of whom live 'off campus'. The surrounding area provides a mix of retail, leisure, office and residential uses.
Online Auction on Thursday, 12 December 2024. For further information, such as legal documents and property information, please visit bidx1.com.