REF: 198562065

For Sale

83 - 85 Borough Road, Middlesbrough, North East, TS1 3AA

Description

TOWN CENTRE RETAIL/RESIDENTIAL INVESTMENT OPPORTUNITY

Mixed-use investment in Middlesbrough town centre.

Prominently located on Borough Road and by the entrance to Teesside University.

Middlesbrough and the wider Teesside area are undergoing transformational levels of investment and development.

£275 million is being invested into the University, providing modern and vibrant facilities to enhance the student experience.

Two ground floor retail units with six apartments comprising 11 beds.

Excellent occupational history.

Current gross income of £58,882 and a Net Operating Income of £49,032 per annum.

Offers in the region of £465,000

Specifications

Retail, Invest and Develop

4612 sqft

430000

Free Business Valuation

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More Info

TESTIMONIALS

Discover the Success Stories of Our Clients: Experiences Working with Our Expert Team.

Discover what our satisfied clients have to say about their experience working with us on our reviews page. We are proud to showcase their positive feedback on the quality of our commercial property services and the exceptional customer support they received.

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"Fantastic service from start to finish, Thank you for making my purchase easy."

Sarah Gowland

"The best estate agents for commercial properties in the North East- Simple, no-nonsense and loads of common sense, Pay for what you get and carry on with your business. I lease two properties from Parker Barras, One short-term and one long-term and I dealt with the Taylors and Fishers at the famous cube office. Amazing people to connect with and their knowledge of Teesside and business acumen is second to none. Hopefully, I will secure a high street unit by next year."

Raojis Enterprises

"Really pleased with the service, they helped me sell my business and guided me through the whole process."

Manolia Majid

"The sale of my bar was so quick and easy. Very professional and I would definitely use them again."

Germaine Love