• Two Storey, Three Floor Property
• A1 Retail with Storage Space
• NIA Approx. 113sqm (1,216sqft)
• Excellent Town Centre Location
• Freehold Title
• Listed Building Exempt From Rates
We are pleased to offer to auction this two storey, three floor retail unit, excellently located in a prominent corner position on Gilkes Street, Middlesbrough town centre. To the ground floor, the property comprises front and rear sales areas and ancillary storage/prep room, ancillary storage and staff accommodation to the first floor first floor, and also extra storage space in the basement. The property is in need of updating and refurbishment. The rear preparation area could be incorporated into the sales space with some structural work. We are advised that the property is a Listed building, and therefore is exempt from rates while the property is vacant.
The subject property is excellently located on a prominent corner position on Gilkes Street, Middlesbrough town centre. The property is within the prime retail area at the heart of Captain Cooks Square and adjacent Linthorpe Road and the Cleveland Centre shopping mall. Neighbouring occupiers include Cooplands Bakers, Ramsdens Pawnbrokers, Grainger Games, Greggs and Ladbrokes.
Middlesbrough itself is a regional centre with a substantial resident population located around 40 miles south of Newcastle upon Tyne, provided with access to a large number of services and facilities supporting the local population and surrounding communities within the larger Teesside area.
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
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