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104 Linthorpe Road Cleveland Centre, Middlesbrough, TS1 2LS

£ 30,000 pa / 1,828 sq ft
104 Linthorpe Road, Cleveland Centre, Middlesbrough - Picture 2023-01-25-15-14-42
Use Class

Use Class

E

Size

Size

1,828 sq ft

Rent pa

Rent pa

£30,000

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.

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

1,828 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
1,828
170
First Floor
1,189
110

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

Rateable Year:
2023
Rateable Value:
£39,000.00
Rates payable:
£19,461.00
UBR:
49.9p/£

Sustainability

A copy of the EPC is available on request.

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