£22,500 pa

Retail premises to let

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£22,500 pa

(£7.80/sq. ft. pa)

Retail premises to let

16 Corporation Road, Middlesbrough TS1

2,884 sq. ft

Local area information

Property location

Nearby amenities

  • Middlesbrough 0.2 miles
  • Newport Primary School 0.5 miles
  • Abingdon Primary School 0.5 miles
  • Transporter Bridge South Side 0.6 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

  • Prime corner retail unit
  • 1,528 sq. Ft
  • Nearby occupiers include Next, Tesco Express, Barclays Bank and Flannels
  • Estimated Rates Payable: £10382.4
Description

Available from September 2024, the property is available as a whole and will be available in a shell condition.

Location

Middlesbrough is the largest commercial centre between Leeds and Newcastle and is the dominant retail location in the Tees Valley serving a catchment of 640,000.

The property is in a prominent corner position fronting onto Corporation Road with side frontage to Dundas Street.
Corporation Road forms one of the main prime shopping streets in Middlesbrough town centre and links the main office and civic quarter with the prime retail of Linthorpe Road.

The property is close to Middlesbrough Town Hall and other nearby occupiers include Barclays Bank, Turtle Bay, Tesco Express and Optical Express.

Terms

The property is available by way of a new full repairing and insuring lease for a term of years to be agreed.
£22,500 per annum

Rates

The valuation office website shows a 2023 rateable value of £19,750 per annum however will be re-assessed if split.
The current ubr (Uniform Business Rate) is 49.9 pence in the pound for the 2024-2025 period. Enquiries regarding the actual amount payable should be directed to Middlesbrough Council on .

Energy Performance Certificate

This property currently has an Energy Performance rating of C(63).
A full copy of the certificate is available upon request.

Anti Money Laundering Regulations

In accordance with hmrc anti-money laundering regulations, two forms of identification will be required from the successful tenant

More information

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  1. Zoopla
  2. Commercial to let
  3. North Yorkshire