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104 Linthorpe Road Cleveland Centre, Middlesbrough, TS1 2LS
Use Class
E
Size
1,828 sq ft
Rent pa
£30,000
Description
Providing c. 400,000 sqft of retailing, The Cleveland Centre is Middlesbrough’s largest shopping centre and benefits from a dedicated 600 space car park.
Major tenants include Boots, Costa, JD Sports, HMV, Iceland, New Look and WH Smith.
The subject property occupies a very prominent corner position on pedestrianised Linthorpe Road close to McDonald’s, Natwest and Lloyds Bank. The second frontage to Newton Mall, where neighbouring occupiers include Costa Coffee and Poundland, could potentially provide external seating.
Accommodation
1,828 Sq.Ft
Financial
Lease Term
The premises are offered on a new effective FRI lease for a term to be agreed, subject to upward only rent reviews every 5 years.
Rent
Subject to contract, rental offers are invited in the region of £30000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Service charge
We understand the 2023/2024 budget is £29,168.99.
Business Rates
We are advised the property is assessed as follows:- Rateable Value (April 2023) £39,000.00 UBR (2023/2024) 49.9p Estimated Rates Payable (2023/2024) £19,461.00 Estimated Payable with Retail Relief £4,865.25 For further details visit www.voa.gov.uk or contact the local Rating Authority. The Rates Payable may be subject to small business and/or other reliefs.
Rates
Sustainability
A copy of the EPC is available on request.
This unit is part of Cleveland Centre
Cleveland Centre
Cleveland Centre is Middlesbrough's largest shopping centre and comprises 400,000 sq ft (37,161 sq m) of retail space, predominantly arranged at ground floor.
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
All data ©2024 Completely Property Technology Limited
This was last updated on 09/04/2024