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14 Wesley Mall Cleveland Centre, Middlesbrough, TS1 2LS

£ 5,000 pa / 149 sq ft
14 Wesley Mall, Cleveland Centre, Middlesbrough - Picture 2023-01-25-13-36-23
Use Class

Use Class

E

Size

Size

149 sq ft

Rent pa

Rent pa

£5,000

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.

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)

Key Information

Viewing

Please direct all enquiries to Brassington Rowan: Jason Oddy D: 0113 383 3759 M: 07718 159671 E: jason.oddy@brassrow.co.uk John Birtwistle D: 0113 383 3758 M: 07711 646990 E: john.birtwistle@brassrow.co. uk or our joint agents Praxis: Chris Hovington M: 07770935529

Accommodation

149 Sq.Ft

The premises comprise the following approximate dimensions and net floor areas:-

Dimensions
Feet
Metres
Internal Width
15.65
4.77
Shop Depth
29
8.84
Areas
Sq.Ft
Sq.M
Ground Floor
430
39.95

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

£5,000 per annum exclusive of rates and service charge.

Costs

Each party will be responsible for their own costs in this transaction.

Service charge

We understand the 2023/2024 budget is £3,913.81.

Business Rates

We are advised the property is assessed as follows:- Rateable Value (April 2023) £5,300.00 UBR (2023/2024) 49.9p Estimated Rates Payable (2023/2024) £2,644.70 Estimated Payable with Retail Relief £ 661.17 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.

Rates

Rateable Year:
2024
Rateable Value:
£8,200.00
Rates payable:
£4,092.00
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