Retail premises for sale

Unit 94A Middleton Grange Shopping Centre, Hartlepool TS24

For sale by Under The Hammer online auction on Wednesday 10th June 2026. Head over to our website to download the legal pack, register to bid and see more information.

Commercial property comprising a retail unit arranged over ground and first floors, with a gross yield of circa 19% per annum.

The property is situated in the heart of Middleton Grange Shopping Centre, the dominant retail scheme in Hartlepool. Hartlepool lies approximately 17 miles south-east of Durham and 20 miles north-east of Darlington, serving as a key commercial hub for County Durham. The unit occupies a prominent internal position within the centre, with additional access from Victory Square, benefiting from strong footfall and proximity to major national retailers.

Hartlepool Borough Council has secured £13.8 million under the Town Deal initiative to fund the redevelopment of Middleton Grange Shopping Centre, with completion targeted for 2028.

This provides potential for long-term capital growth and an enhanced retail environment.

The accommodation is arranged as follows:

Ground Floor (Retail): 481.09 sq m (5,178 sq ft)

First Floor (Ancillary): 156.96 sq m (1,689 sq ft)

Total: 638.05 sq m (6,867 sq ft)

(Floor areas sourced from voa.)

Tenancy (Refer to Legal Pack)

The property is let to mdshartle ltd on a 10-year lease from 16 April 2026 at a rent of £25,000 per annum exclusive.

The lease provides for:

Year 1: Rent free

Year 2: £21,000 per annum

Year 3 onwards: £25,000 per annum

The vendor will deduct a sum equivalent to the rent shortfall (£29,000) from the purchase price on completion, ensuring the purchaser effectively receives £25,000 per annum from day one.

A rent deposit of £5,250 is held by the seller for the duration of the tenancy.

Tenure

Long under-leasehold interest held until 25 February 2069 at a peppercorn ground rent.

VAT is applicable to this lot.

It is anticipated that the sale will be treated as a Transfer of a Going Concern (togc), subject to the relevant conditions being satisfied.

Here's what to do next

• Visit - Our website and view the auction terms.
• View - Book a viewing directly through our website.
• Register - Get registered prior to the auction opening date.
• Legal Pack - Download and view the legal pack to find out all the relevant information.
• Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
• Bidding - Everything is completed online through the website and the intuitive bidding controls.

If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website

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