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18-20 Rothbury Rd 796 sq ft Retail Units Offered at £45,000 Per Unit in Middlesbrough TS3 7NW
Investment Highlights
- Ground floor retail unit
- The location benefits from good transport links, with easy access to the A66 and Middlesbrough town centre.
- The property is located on Rothbury Road, within a mixed residential and commercial area of Middlesbrough.
Executive Summary
This well-maintained long-leasehold property spans approximately 796 sq ft and comes with a 250-year lease. Rated EPC C, it’s ideal for owner-occupation or investment, pending the buyer's own checks. Located at 18 Rothbury Road, this midterrace ground floor retail unit features a functional layout, combining retail space with ancillary areas like a kitchen and WC. With efficient energy performance for its age (EPC C) and a neat decorative finish, it’s ready to meet a variety of needs.
Property Facts
| Total Property Size | 864 sq ft | Typical Floor Size | 778 sq ft |
| Property Type | Retail | Year Built | 1981 |
| Property Subtype | Shopfront Retail / Residential | Tenancy | Single |
| Costar Property Class | B | Total Plot Size | 0.51 ac |
| Floors | 3 |
| Total Property Size | 864 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 778 sq ft |
| Year Built | 1981 |
| Tenancy | Single |
| Total Plot Size | 0.51 ac |
Amenities
- Roller Shutters
- Storage Space
2 Units Available
Unit 18
| Unit Size | 796 sq ft | Sale Type | Owner Occupier |
| Price | £45,000 | Tenure | Long Leasehold |
| Price Per sq ft | £56.53 | Sale Conditions | Auction Sale |
| Unit Use | Retail |
| Unit Size | 796 sq ft |
| Price | £45,000 |
| Price Per sq ft | £56.53 |
| Unit Use | Retail |
| Sale Type | Owner Occupier |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale |
Description
This well-maintained long-leasehold property spans approximately 796 sq ft and comes with a 250-year lease.
Sale Notes
This ground floor retail unit is up for auction with starting bids at £45,000 and is available with vacant possession
Unit 20
| Unit Size | 796 sq ft | Tenure | Freehold |
| Price | £45,000 | Net Initial Yield | 13.33% |
| Price Per sq ft | £56.53 | NOI | £6,000 |
| Unit Use | Retail | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 796 sq ft |
| Price | £45,000 |
| Price Per sq ft | £56.53 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 13.33% |
| NOI | £6,000 |
| Sale Conditions | Auction Sale |
Description
This well-presented ground floor retail unit is in a prime location on Rothbury Road, close to local amenities and residential neighborhoods. It offers a retail area with rear storage, a kitchenette, and WC facilities. Perfect for investors, it comes with a newly signed 5-year lease and a passing rent of £6,000 per year. With about 74 square meters (796 square feet) of open-plan retail and ancillary space, it’s versatile for various uses, subject to necessary permissions
Sale Notes
Retail unit for sale by auction with starting bids at £45,000. A tenanted investment generating a passing rent of £6,000 per annum
Nearby Major Retailers
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18-20 Rothbury Rd
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