REF: 188300442

Under Offer

Industrial Units, Investment Opportunity, Newcomen Road, Middlesbrough, TS6 6PS

Description

For Sale: Industrial units, Investment Opportunity, Newcomen Road, Middlesbrough, TS6 6PS

The two units are occupied by Merc Spec, who have been in occupation for over 15 years at Unit 15. Unit 16 was built in 2021. 

Unit 15 measures 4,542.90 sq ft / 422.04 sq m 

Unit 16 measures 2,000 sq ft / 185.80 sq m 

Both units are on leases dated November 2021 for a term of 6 years, 11 months with over 5 years unexpired, on full insuring and repairing terms. 

The rental income is £48,000 per annum

Freehold for sale £525,000

Specifications

Invest and Develop, Industrial

6542 sqft

525000

Free Business Valuation

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TESTIMONIALS

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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