Description

47 Newport Rd, Middlesbrough TS1 1LB- BUSINESS NOT AFFECTED.

The subject property fronts Newport Road in Middlesbrough, a large town, that holds a central position in the Teesside Conurbation approximately 30 miles south of Newcastle, 43 miles north of York and 13 miles east of Darlington. 

The town provides a wide range of services and facilities to its resident population and to smaller surrounding towns and villages and benefits from good transport links, having a station on the TransPennine Express railway line with direct services to Liverpool, York and Manchester. The town centre is positioned adjacent to the A66 and is 1 mile east of the A19. 

Surrounding properties are in predominantly retail use with the exception of Middlesbrough bus station opposite the property. Nearby occupiers include Burger King, Super Games World and Nail Icon. Further to the west at the pedestrianised centre of Middlesbrough is a number of national chains including Sports Direct, Footasylum and Barclays Bank

The property trades at Chintz hair salon and has had the same tenant since 1982. A new 5 year lease dated July 2024 at a rental of £12,000 per annum. 

The property is a mid terraced unit across 3 floors. The ground floor is the hair salon, with the first floor used as offices and stores, the 2nd floor is storage. 

The property is in good decorative order and has recently been rewired on the first floor with a new flat roof to the rear of the property. 

Price £140,000