Interested in this property? Call Richard Barker on +44 (0)113 388 4856

Location

Coulby Newham is a busy district centre 3 miles south of Middlesbrough. It is easily accessible from the A174 and benefits from a large local catchment of 621,000 persons within a 30 minute drive time.

The scheme provides 210,000 sqft of retail accommodation and is anchored by a large Tesco superstore. Other key tenants include Boots, Superdrug, Poundland, Iceland, Specsavers, Greggs and Burger King. The site is also home to a council leisure centre, public library and NHS doctors and dental surgeries, effectively acting as the town centre.

Accommodation

The premises comprise the following approximate net internal floor areas:-

Demise Sq. ft. Sq. m.
Ground Floor 843 78.3

Rent

We are seeking a rent of £30,000 per annum exclusive.

Tenure

Subject to vacant possession, the premises will be offered on a new effectively full repairing and insuring lease, for a term to be agreed.

Business Rates

The unit has a 2017 rateable value assessment of £30,750.

For further details visit Gov.uk or contact the business rates department in the local authority.

Service Charge

The on-account service charge for the year 2019 stands at approximately £3,604 per annum.

EPC

B

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.