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LSU4 Centre Mall Cleveland Centre, Middlesbrough, TS1 2LS
Use Class
E
Size
12,783 sq ft
Rent pa
POA
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.
The subject property offers prime, well configured retail space and occupies a prominent position with an extensive frontage to Centre Mall, close to Boots, JD Sports, New Look, WH Smith, Greggs, Costa and Iceland.
Accommodation
12,783 Sq.Ft
The premises comprise the following approximate net floor areas:
Financial
Lease Type
New Lease
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
Rent on application.
Service Charge
We understand the annual budget figure is £34,707.
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 £47,000.00 UBR (2023/2024) 49.9p Estimated Rates Payable (2023/2024) £23,453.00 Estimated Payable with Retail Relief £5,863.00 For further details visit www.voa.gov.uk or contact the local Rating Authority. The Rates Payable may be subject to other retail reliefs.
Rates
Sustainability
A copy of the EPC will be provided 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 05/12/2024