The subject property is a self-contained, single storey building comprising a main sales area, staff accommodation, customer toilets and storage space. Tenure The premises are available by way of an assignment of the existing lease expiring 08/12/2028. Alternatively, the premises are available by way of a sub-lease. Rent The current passing rent is £4,750, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £3,450.00 and the rates payable are £1,693.95 pa. The UBR for 2019/2020 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
North Ormesby is located approximately 1 mile east of Middlesbrough town centre. The city of Newcastle Upon Tyne lies approximately 35 miles to the north and Leeds is 55 miles to the south west. North Ormesby benefits from good road communications with the A66 connecting to the A1 motorway via the A1150. The surrounding area is predominantly residential, and the subject unit sits amongst a parade of local retail businesses. National occupiers in the vicinity include Barclays, Poundstretcher and Greggs.
Sizes and Measurements
DetailsRetail Ground Floor
Lease Information & Charges
- Town Centre