Unit 1, 3 Newport Road, Middlesbrough TS1 1LE
Property Features
- Town Centre Retail Unit
- Prominent Location
- Nearby occupiers include Sports Direct
- Specsavers, Dawson & Sanderson,
- Deichmann Shoes
- Rear Loading off Service Yard
Property Summary
The property is constructed over two f...
Full Details
The property occupies an edge of prime location situated on Newport Road, close to Middlesbrough’s Hill Street Shopping Centre. Nearby occupiers within this parade include Specsavers, Dawson & Sanderson, Sports Direct and Deichmann Shoes.
The property is constructed over two floors with ground floor retail, first floor stores / staff and uppers.
ACCOMMODATION
The accommodation provides the following approximate net internal areas and dimensions:
Gross Frontage 6.1 m (20’00”)
Net Internal Width 5.66 m (18’07”)
Shop & Built Depth 15.9 m (52’02”)
Net Ground Floor Sales 74.0 m2 (796 sq ft)
WC
First Floor Staff & Stores 41.6 m2 (448 sq ft)
WCS
Total NIA 115.6 m2 (1,244 sq ft)
LEASE TERMS
The unit is offered on a new full repairing and insuring lease, subject to an upwards only rent review at the 5th anniversary of the lease at a rental of £19,500 per annum exclusive.
RATING ASSESSMENT
We understand that the unit is assessed under the 2010 revaluation at £20,750. The current Uniform Business Rate for 2022/23 is 0.498 pence in the £.
Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Asset Rating has been assessed as C (65). A full copy is available for inspection upon request.
Accommodation:
Ground Floor Sales: 796.00 sqft
First Floor Staff / Stores: 448.00 sqft
Total: 1,244.00 sqft