To Let – Town Centre Retail Unit

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01642 602001

www.cpne.co.uk

To Let –

Town Centre Retail Unit

48 Linthorpe Road, Middlesbrough TS1 1RA

Contact:

 Prominent Town Centre Location  Nearby occupiers include; H Samuel Jewellers, Marks and Spencer, Next and the Body Shop.  Loading available to the rear  First/Second Floor Ancillary Accommodation  Total Ground Floor Sales 195.1 m2 (2,100 sq ft)

Andrew Wilkinson - 01642 704932 [email protected] Connect Property NE Wellington House Falcon Court Preston Farm Business Park Stockton on Tees TS18 3TS Tel: 01642 602001 www.cpne.co.uk

LOCATION

TERMS

The subject property occupies a prime location on the pedestrian section of Linthorpe Road. It is adjacent to H Samuel Jewellers and the Body Shop and directly opposite the entrance to The Hill Street Centre and Marks and Spencer. Debenhams, Next, House of Fraser and BHS are all close by.

The unit is offered on a new 10 year fully repairing and insuring lease, subject to an upwards only rent review at the 5th anniversary of the lease. We are seeking rental offers of £45,000 per annum exclusive, subject to the overall terms of the lease. LEGAL FEES

DESCRIPTION The property is constructed on three floors with ground floor retail, staff and stores on the upper floors.

Each party is to be responsible for their own legal fees incurred with any transaction. VAT

ACCOMMODATION The accommodation provides the following approximate net internal areas and dimensions: Gross Frontage Net Internal Width Shop & Built Depth Net Ground Floor Sales First Floor Staff & Stores Second Floor Stores

6.8 m 6.4 m 31.4 m 195.1 m2 64.7 m2 75.7 m2

(22’4”) (21’0”) (103’02) (2,100 sq ft) (696 sq ft) (815 sq ft)

Any references to price, premium or rent are deemed to be exclusive of Value Added Tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT. ENERGY PERFORMANCE CERTIFICATE The Energy Performance Asset Rating is Band E (106). VIEWING

RATING ASSESSMENT

Strictly through the agents Connect Property NE:

We understand that the unit is assessed under the 2010 revaluation at £97,000. The current Uniform Business Rate for 2015/16 is 0.493 pence in the £. Applying this rate gives an annual payable figure of approximately £47,821.

Andrew Wilkinson ddl: 01642 704932 Email: [email protected]

Interested parties should verify the accuracy of this information and the rates payable with the Local Rating Authority.

Or our Joint agents

Tim Carter ddl: 01642 704930 Email: [email protected]

North East Commercial: Alan Morrell Tel: 0191 487 8566

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.

www.cpne.co.uk