Borough Road, Middlesbrough

ONLINE AUCTION ON THURSDAY, 12 DECEMBER 2024. FOR FURTHER INFORMATION, SUCH AS LEGAL DOCUMENTS AND PROPERTY INFORMATION, PLEASE VISIT BIDX1.COM.

*For sale via secure sale online bidding: terms and conditions apply.*

OPPORTUNITY
Bradley Hall is delighted to be appointed to market this Middlesbrough Town Centre conversion opportunity.

LOCATION
The building is located on Borough Road, just off Hartington Road, Union Street and Linthorpe Road and opposite ‘The Crown’ Pub development site. The building is approximately 0.5 miles to the A66 and 3 miles to the A19.

There is a strong student presence in the area, with some 22,500 students enrolled at Teesside University in 2023/24, of which approximately 50% live out. The property would be ideally suited to be let to students, being located just 0.1 miles from the university, offering convenience and easy access to campus facilities. The local area is generally made up of retail, leisure, office, and residential uses. There are a variety of local businesses on Borough Road, served by the local community.

DESCRIPTION
The building is approximately 315.50 sq m (3,395 sq ft) broken down as 2no. commercial units and living accommodation on the upper floors, accessed separately.

Our client has been granted planning for a mixed use commercial and residential scheme comprising 2no. commercial units, 8no. studios. These can be provided on request.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.