Retail Opportunity - Connect Property North East
TO LET – Leisure / Retail Opportunity Former Walkabout Pub, Corporation Road, Middlesbrough TS1 2RX
01642 602001
LOCATION Middlesbrough is situated approximately 40 miles South of Newcastle upon Tyne and 10 miles East of Darlington. The Town is the regional shopping centre for the Tees Valley and has an estimated population of approximately 150,000. The subject premises occupy a prominent position at the junction of Corporation Road and Albert Road. Nearby occupiers comprise a mix of nation and regional retail and leisure operators including HSBC Bank, Barclays, Tesco Express, BHS, The Pig Iron, The Central and Empire Nightclub. The Cleveland Shopping Centre is immediately adjacent. The location is undergoing significant new regeneration including the opening of a new 138 bed Holiday Inn Express located on Albert Road in August and the planned £8m Town Hall redevelopment opposite. DESCRIPTION The premises form part of the ground floor of Centre North East, Middlesbrough’s largest and tallest office building. Internally the premises cover basement, ground and first floor levels and provide what has most recently been operated as a Bar and Nightclub with an overall capacity of 730 persons. The premises can be used for alternative uses subject to planning consent being granted and could be subdivided to potentially create smaller units for retail or leisure uses.
ACCOMMODATION Briefly, the property comprises the approximate Net Internal Areas: Basement Ground Floor First Floor Total NIA
420 m2 413 m2 413 m2 1,246 m2
following
(4,521 sq ft) (4,446 sq ft) (4,446 sq ft) (13,412 sq ft)
NB – the property is capable of being subdivided and let in smaller unit sizes. LEASE TERMS The property is available to let in part or whole for a term of years and rental to be agreed. Further details upon request. RATING ASSESSMENT The property is assessed for Rating Purposes at £182,500. We recommend interested parties contact the Local Rating Authority directly to determine the precise rates payable. ENERGY PERFORMANCE CERTIFICATE The Energy Performance Asset Rating is Band F (141). Full copies of the EPC’s are available for inspection if required. VIEWING Strictly through the sole agents Connect Property North East: Tim Carter or Tel: 01642 602001 Email: [email protected] Andrew Wilkinson Tel: 01642 602001 Email: [email protected]
IMPORTANT NOTICE: whilst every reasonable effort has been made by Connect Property North East to ensure accuracy, interested parties are strongly advised to take appropriate steps to verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice. (i) No description or information given about the property or its value, whether written or verbal or whether or not in these particulars (‘information’) may be relied upon as a statement of representation or fact. Connect Property North East nor its employees have any authority to make any representation and accordingly any information given is entirely without responsibility on the part of Connect Property North East or the seller / lessor. (ii) Any photographs show only certain parts of the property at the time they were taken. Any areas, measurements or distances given are approximate only. (iii) Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending buyer / lessee. (iv) Any buyer/lessee must satisfy himself by inspection or otherwise as to the correctness of any information given. (v) VAT is applicable unless expressly stated otherwise. Registered Company Number 9404628 Wellington House, Falcon Court, Stockton on Tees, TS18 3TS
www.cpne.co.uk
01642 602001
LOCATION Middlesbrough is situated approximately 40 miles South of Newcastle upon Tyne and 10 miles East of Darlington. The Town is the regional shopping centre for the Tees Valley and has an estimated population of approximately 150,000. The subject premises occupy a prominent position at the junction of Corporation Road and Albert Road. Nearby occupiers comprise a mix of nation and regional retail and leisure operators including HSBC Bank, Barclays, Tesco Express, BHS, The Pig Iron, The Central and Empire Nightclub. The Cleveland Shopping Centre is immediately adjacent. The location is undergoing significant new regeneration including the opening of a new 138 bed Holiday Inn Express located on Albert Road in August and the planned £8m Town Hall redevelopment opposite. DESCRIPTION The premises form part of the ground floor of Centre North East, Middlesbrough’s largest and tallest office building. Internally the premises cover basement, ground and first floor levels and provide what has most recently been operated as a Bar and Nightclub with an overall capacity of 730 persons. The premises can be used for alternative uses subject to planning consent being granted and could be subdivided to potentially create smaller units for retail or leisure uses.
ACCOMMODATION Briefly, the property comprises the approximate Net Internal Areas: Basement Ground Floor First Floor Total NIA
420 m2 413 m2 413 m2 1,246 m2
following
(4,521 sq ft) (4,446 sq ft) (4,446 sq ft) (13,412 sq ft)
NB – the property is capable of being subdivided and let in smaller unit sizes. LEASE TERMS The property is available to let in part or whole for a term of years and rental to be agreed. Further details upon request. RATING ASSESSMENT The property is assessed for Rating Purposes at £182,500. We recommend interested parties contact the Local Rating Authority directly to determine the precise rates payable. ENERGY PERFORMANCE CERTIFICATE The Energy Performance Asset Rating is Band F (141). Full copies of the EPC’s are available for inspection if required. VIEWING Strictly through the sole agents Connect Property North East: Tim Carter or Tel: 01642 602001 Email: [email protected] Andrew Wilkinson Tel: 01642 602001 Email: [email protected]
IMPORTANT NOTICE: whilst every reasonable effort has been made by Connect Property North East to ensure accuracy, interested parties are strongly advised to take appropriate steps to verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice. (i) No description or information given about the property or its value, whether written or verbal or whether or not in these particulars (‘information’) may be relied upon as a statement of representation or fact. Connect Property North East nor its employees have any authority to make any representation and accordingly any information given is entirely without responsibility on the part of Connect Property North East or the seller / lessor. (ii) Any photographs show only certain parts of the property at the time they were taken. Any areas, measurements or distances given are approximate only. (iii) Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending buyer / lessee. (iv) Any buyer/lessee must satisfy himself by inspection or otherwise as to the correctness of any information given. (v) VAT is applicable unless expressly stated otherwise. Registered Company Number 9404628 Wellington House, Falcon Court, Stockton on Tees, TS18 3TS
www.cpne.co.uk
