Magnum Investments

Magnum House
Magnum Packaging Macklin Avenue
Cowpen Lane Industrial Estate
Billingham
County Durham
TS23 4BY

For Sale: 135-137 Linthorpe Road, Middlesbrough, TS1 5DE

Price On Application

5 Bedroom Investment

Location:

The property is positioned close to the junction of Linthorpe Road and Borough Road, in a parade of shops. This section of Linthorpe Road is close to the original Town Centre. The road benefits from very high footfall..
Linthorpe Road offers a wide range of retail, food and hospitality venues (amongst others) and the frontage provided by this property gives excellent, double width visibility.

Description:

The property is laid out as follows:

Ground Floor Retail
-1,100 sqft / 100.24 sqm
-Income £18,000 per annum
-Occupier: Not Just Vape

First Floor Residential
-5 studio apartments
-Income £33,000 per annum
-Each occupier paying £550 pcm

The property products a yearly income of £51,000.

Rateable Value:

The RV for the Retail Premises is £19,250 as of 18-05-22

Terms:

Freehold Sale

Viewing:

Contact Magnum Properties, Linthorpe Rd, Middlesbrough on 01642 247888 or email aaron@magnumproperties.co.uk

 

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

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