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14 Centre Mall Cleveland Centre, Middlesbrough, TS1 2LS
Use Class
E
Size
430 sq ft
Rent pa
£12,500
Description
PRIME SHOP UNIT TO LET ON NEW LEASE
Providing c. 400,000 sq.ft 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, H&M, JD Sports, New Look and WH Smith with Flannels/Sports Direct/USC nearby.
The subject property occupies a prominent position on Centre Mall close to H Samuel and Footlocker, opposite One Below.
Accommodation
430 Sq.Ft
The premises comprise the following approximate dimensions and net floor areas:-
Financial
Lease Type
New Lease
Lease Term
The unit is available by way of a new full repairing and insuring lease for a term to be agreed.
Rent
£12,500 per annum exclusive of rates and service charge.
Costs
Each party will be responsible for their own costs in this transaction.
Service Charge
The on-account service charge for 2023/24 is £6,055 plus VAT.
Vat
Unless otherwise stated all prices and rents are quoted exclusive of VAT. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
Business Rates
We are advised the property is assessed as follows:- Rateable Value (April 2023) £8,200.00 UBR (2023/2024) 49.9p Estimated Rates Payable (2023/2024) £4,091.80 Estimated Payable with Retail Relief £1,022.95 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 transitional relief.
Sustainability
A copy of the EPC is available upon 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 16/07/2024