£4,750,000

Hotel for sale

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£4,750,000

(£160.55/sq. ft)

Hotel for sale

Borough Road, Middlesbrough TS1

29,585 sq. ft

Local area information

Property location

Nearby amenities

  • Abingdon Primary School 0.2 miles
  • Breckon Hill Primary School 0.5 miles
  • Middlesbrough 0.5 miles
  • Transporter Bridge South Side 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Middlesbrough to find out more about the local area.

Features and description

  • High gdv
  • Development opportunity
  • Close To University
  • In Shell Condition
Harrison House – 113 Borough Road Middlesbrough

This Fantastic Ten Story Development opportunity is available to purchase, situated right in the heart of Middlesbrough Town Centre and only a stones throw away from the university campus which is home to in excess of 20,000 students.

There is huge scope to tap into the student market, this development benefits from having planning for 113 units across the ten floors, there is a part - 3 story section of this property which houses further opportunity to grow in the future.

The ground floor of the project consists of 7 studios alongside plans for a commercial unit which was once thought to of been a bar/coffee shop.

The floor footprint sizes are as follows.

Ground + First and Second - 4714.59 SqFt

Floors 3 - 9 - 2206 SqFt

Total - 29,585 SqFt Approx

Currently in an advanced stage of construction with all ground works ect done and the building fully erected ready for a developer to complete the site.

It is estimated the gdv of the property will be between 9 - 11.75 million.

A truly fantastic opportunity for a town that is undergoing huge investment such as the freeport.

All plans/drawings are availble to be shared with any interested party, please make contact.

There is scope and negotiations for the current owner to finish the site if a leasehold option was to be taken whereby one tenant rented the full property.

For Sale - £4,750,000

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Property descriptions and related information displayed on this page are marketing materials provided by - Parker Barras. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Parker Barras for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. North Yorkshire
  4. Teesside
  5. Middlesbrough
  6. Borough Road