Offers in region of
£260,000
2 bed property for saleBorough Road, Middlesbrough TS1
2 beds
1 bath
1 reception
- Freehold
Progression Property
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About this property
Year Ended 30 September 2022 - turnover £94,174
Residential flat rental income - £100 per week. Working tenant who has been in situ since 1/4/2021
Huge potential to increase both the business turnover and the rental income (although it is being sold with the residential tenant in situ)
Located on a main thoroughfare into Middlesbrough Town Centre area, close to the University of Teesside.
The business is sold as a going concern with all relavant equipment and machinery included in sale
** viewings are strictly by appointment only **
Full lease information and business accounts will be offered to those who can prove their financial ability to proceed.
'the italian job' - A true middlesbrough culinary institution and the winner of middlesbroughs best sandwich shop in 2014! An opportunity has emerged to purchase one of middlesbroughs most longstanding businesses, which comes as A freehold 'going concern' including the premises, business and additional residential accommodation (A maisonette with its own entrance) set above which is currently let to A long term tenant. The business has proudly been operating in middlesbrough since 1993 as the 'italian job', and after leaving its former premises due to council buy back re- opened on borough road in 2016 bringing much of the former fan base with it. The premises / accommodation is spread over three storeys. This would be ideal for A hands-on operator to come in and take on the baton and take the business forward whilst enjoying additional income from the maisonette.
*** Ground Floor Retail Unit ***
Shop Front / Retail Area (3.741 x 7.343 (12'3" x 24'1"))
Kitchen (4.344 x 2.414 (14'3" x 7'11"))
Store (2,43 x 3.11 (6'6", 141'0" x 10'2"))
Covered External Store
Lobby
*** First Floor Flat ***
Hallway
First Floor
Landing
Reception Room (4.702 x 3.293 (15'5" x 10'9"))
Kitchen (3.348 x 3.151 (10'11" x 10'4"))
Bathroom
Second Floor
Landing
Bedroom 1 (Front) (5.079 x 3.377 (reduced head clearance) (16'7" x 11)
Bedroom 2 (2.583 x 3.145 (reduced head clearance) (8'5" x 10')
Exterior
A wall enclosed yard to the rear
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