Office for sale in Borough Road, Middlesbrough TS1, £350,000

350,000.00

Offer Nr.:
65857015
Type of ad:
for Sale
Property type:
Office
Contact name:
Dodds Brown
Phone(s):
01642 048084

* Freehold
**Key Points**
* Investment
* Centrally located in a predominantly business location
* Modern office building occupied by the Armed Forces Careers ofice
* Current rent passing - £30, 000 per annum
**Description**
The property comprises a modern three storey traditionally constructed
building that has been extended to the rear and is utilised as an Armed Forces
Careers office and comprises ground, first and second floor offices.
There is a small area to the rear providing car parking facilities for
approximately 3 cars.
**Viewings**
Strictly through the Sole Agents, Dodds Brown
**Location**
The premises are located on the south side of Borough Road, between the
junctions of Albert Road and Linthorpe Road in a predominantly commercial area
close to the town centre.
Other nearby occupiers include Hunters Estate Agency, Richer Sounds,
Clarke|Munro and Michael Poole together with other A1 retail and A2 office
users.
Middlesbrough is located approximately 25 miles to the south of Newcastle with
the main arterial routes being the A1 and the A66 throughout the North East.
**Terms**
Freehold offers invited based on £350, 000
**Rates**
The valuation office website shows a rateable value of £29, 500 however the
correct rateable value would be £25, 170 per annum.
The current ubr (Uniform Business Rate) is 49. 9 pence in the pound for the
2023 - 2024 period. Enquiries regarding the actual amount payable should be
directed to Middlesbrough Council on .

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