£40,000

Retail premises for sale

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Just added

Guide price

£40,000

Retail premises for sale

Rothbury Road, Middlesbrough TS3

Local area information

Property location

Nearby amenities

  • St Pius X Catholic Primary School, a Catholic Voluntary Academy 0.2 miles
  • James Cook University Hospital 0.3 miles
  • Berwick Hills Primary School 0.4 miles
  • Marton 0.9 miles

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

Features and description

  • New 5 year lease with a passing rent of 6000 per annum
  • Leasehold 250 Yr Lease
  • Rear storage, kitchenette, and WC facilities
Summary

Description
This well-presented ground floor retail unit is in a prime location on Rothbury Road, close to local amenities and residential neighborhoods. It offers a retail area with rear
storage, a kitchenette, and WC facilities. Perfect for investors, it comes with a newly
signed 5-year lease and a passing rent of 6,000 per year. With about 74 square
meters (796 square feet) of open-plan retail and ancillary space, it's versatile for
various uses, subject to necessary permissions.

Location
The property is located on Rothbury Road, within a mixed residential and commercial
area of Middlesbrough. The location benefits from good transport links, with easy
access to the A66 and Middlesbrough town centre. Nearby occupiers include a range
of local shops, takeaways, and community services

Description

This well-presented ground floor retail unit is in a prime location on Rothbury Road, close to local amenities and residential neighborhoods. It offers a retail area with rear
storage, a kitchenette, and WC facilities

Location

The property is located on Rothbury Road, within a mixed residential and commercial
area of Middlesbrough.

EPC

Rated C

Additional Info

For further information please contact our office directly on , or alternatviely via email on . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Pattinson - Commercial. 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 Pattinson - Commercial for full details and further information.

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