Property photos
Just added
Guide price
£450,000
Industrial for sale
St. James Mews, Harford Street, Middlesbrough TS1Local area information
Property location
Nearby amenities
- Newport Primary School 0.3 miles
- Ayresome Primary School 0.3 miles
- Middlesbrough 0.9 miles
- Transporter Bridge South Side 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Middlesbrough to find out more about the local area.
Features and description
- Income Producing Investment Opportunity (Passing rent 63,900)
- Nearby jd Gym, Greggs, Lidl and MiNightVet Care
- Excellent Road Connections to A66/A19
- Scope for asset management or redevelopment
- Close proximity to the town centre
- Potential Redevelopment opportunity
- Auction starting bid from 450,000
Summary
For sale vis secure sale online bidding - terms and conditions apply.
This property comprises of three terraces of light industrial/workshop units of traditional construction with brick and block elevations with tile pitched roofs incorporating roller shutter loading doors with loading area and forecourt parking.
The Estate comprises of 31 units (Lorne Street - 21 and Howard St - 10) ranging from 551- 2,100 sqft, spread across ground & first floor workshops, toilets, and reception area.
The current passing rental is 63,900 per annum, with an erv of potentially 95k+. There is a vacancy of only 3,575 sqft, these lend to possible new rental setting to drive rental values across the estate. Each unit fronts either the main road or a court yard set up and the various current tenants include mainly local independent traders as well as a car wash business and community groups.
The provides an excellent asset opportunity to grow and improveby good sensible management
Please note we have not inspected this property.
Location
Situated just minutes away from Middlesbrough town centre, the industrial units on
Howard and Lorne Street benefit a prime position off the A66, along Victoria Street
just off Newport Road in the Cannon Park area of Middlesbrough town centre.
Positioned within walking distance of a wide range of shops, eateries and community
facilities, providing strong local footfall for businesses.
Transport Links are excellent with the A19 and A66 within a mile radius, and
Middlesbrough railway station 1.2 miles North East from the site, providing easy
access to larger cities such as Newcastle, Manchester and Leeds.
Accommodation
The accommodation comprises the following areas:
Name sq ft sq m Availability
Unit - Lorne St No.1 to 9 5,475 508.64 Let
Unit - Lorne St No. 10 -12 2,100 195.10 Available
Unit - Lorne St No.11-18 + 20 3,963 368.17 Let
Unit - Lorne St No. 19-21 1,475 137.03 Available
Unit - Howard St No.2 - 20 6,500 603.87 Let
Total 19,513 1,812.81
Tenure
Freehold. Title numbers TES13456
4) - CE18380
6) - CE38130
8) - CE12689
10) - TES34120
12) - CE27398
14) - CE27398
16) - CE12103
- TES13262
- CE37862
- CE18383
- CE45554
- CE15628
- CE24551
- CE38521
- TES4759
- CE31090
- CE15583
- TES3164 - TES2438
14) - TES1963
15) - CE14471
16) - CE19608
17) - TES32445
18) - CE15088
19) - TES8242
20) - CE17551
21) - CE23230
Tenure
Leasehold. Title numbers CE47799 and CE67405
EPC
We currently await a copy of the EPC
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
For sale vis secure sale online bidding - terms and conditions apply.
This property comprises of three terraces of light industrial/workshop units of traditional construction with brick and block elevations with tile pitched roofs incorporating roller shutter loading doors with loading area and forecourt parking.
The Estate comprises of 31 units (Lorne Street - 21 and Howard St - 10) ranging from 551- 2,100 sqft, spread across ground & first floor workshops, toilets, and reception area.
The current passing rental is 63,900 per annum, with an erv of potentially 95k+. There is a vacancy of only 3,575 sqft, these lend to possible new rental setting to drive rental values across the estate. Each unit fronts either the main road or a court yard set up and the various current tenants include mainly local independent traders as well as a car wash business and community groups.
The provides an excellent asset opportunity to grow and improveby good sensible management
Please note we have not inspected this property.
Location
Situated just minutes away from Middlesbrough town centre, the industrial units on
Howard and Lorne Street benefit a prime position off the A66, along Victoria Street
just off Newport Road in the Cannon Park area of Middlesbrough town centre.
Positioned within walking distance of a wide range of shops, eateries and community
facilities, providing strong local footfall for businesses.
Transport Links are excellent with the A19 and A66 within a mile radius, and
Middlesbrough railway station 1.2 miles North East from the site, providing easy
access to larger cities such as Newcastle, Manchester and Leeds.
Accommodation
The accommodation comprises the following areas:
Name sq ft sq m Availability
Unit - Lorne St No.1 to 9 5,475 508.64 Let
Unit - Lorne St No. 10 -12 2,100 195.10 Available
Unit - Lorne St No.11-18 + 20 3,963 368.17 Let
Unit - Lorne St No. 19-21 1,475 137.03 Available
Unit - Howard St No.2 - 20 6,500 603.87 Let
Total 19,513 1,812.81
Tenure
Freehold. Title numbers TES13456
4) - CE18380
6) - CE38130
8) - CE12689
10) - TES34120
12) - CE27398
14) - CE27398
16) - CE12103
- TES13262
- CE37862
- CE18383
- CE45554
- CE15628
- CE24551
- CE38521
- TES4759
- CE31090
- CE15583
- TES3164 - TES2438
14) - TES1963
15) - CE14471
16) - CE19608
17) - TES32445
18) - CE15088
19) - TES8242
20) - CE17551
21) - CE23230
Tenure
Leasehold. Title numbers CE47799 and CE67405
EPC
We currently await a copy of the EPC
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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