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15 Centre Mall Cleveland Centre, Middlesbrough, TS1 2LS

Use Class

Use Class

E

Size

Size

2,204 sq ft

Rent pa

Rent pa

£22,500

Market Sector

Market Sector

Shopping Centre

Description

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, HMV, JD Sports, New Look, Iceland and WH Smith.

The subject property occupies a prominent position on Centre Mall between WH Smith and One Below, opposite H Samuel and close to Footlocker and Vision Express.

Location

Middlesbrough is a major north east conurbation situated 39 miles south of Newcastle and 10 miles east of Darlington. It is the principal shopping centre of Teesside (2011 Census Population in excess of 376,000).

Accommodation

2,204 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
2,204
204.76
First Floor
1,594
148

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 £22500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

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.

Rates

Rateable Year:
2023
Rateable Value:
£24,750.00
Rates payable:
£12,350.00
UBR:
49.9p/£

Sustainability

A copy of the EPC is available on request.

This Property is Part of a Shopping 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.

Brassington Rowan

Disclaimer

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.

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