39A - 43 Linthorpe Road Middlesbrough North Yorkshire TS1 5BS

39A - 43 Linthorpe Road
Middlesbrough
North Yorkshire
TS1 5BS

Freehold Retail Investment

  • Let to Sportswift Limited t/a Card Factory
  • Pedestrianised town centre location
  • Situated close to the major Middlesbrough Hill and Cleveland Shopping Centres
  • Nearby occupiers include Marks & Spencer, Debenhams, BHS, Boots, Topshop/Topman, New Look and H&M
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    23
  • Auction
    22nd October 2015
  • Rent
    £80,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £805,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Legal & General
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • Let to Sportswift Limited t/a Card Factory
  • Pedestrianised town centre location
  • Situated close to the major Middlesbrough Hill and Cleveland Shopping Centres
  • Nearby occupiers include Marks & Spencer, Debenhams, BHS, Boots, Topshop/Topman, New Look and H&M
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 23
  • Auction 22nd October 2015
  • Rent
  • Status Sold
  • Price £805,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Legal & General

Property Information

Location
Miles
35 miles south of Newcatle upon Tyne
65 miles north of Leeds
Roads
A66, A19, A1(M)
Rail
Middlesbrough Railway Station
Air
Durham Tees Valley Airport, Newcastle Airport
Situation

The property is situated in a prominent position on the west side of Linthorpe Road, the town’s prime pedestrianised retail thoroughfare, between the major Middlesbrough Hillstreet Shopping Centre and the Cleveland Shopping Centre. Neighbouring the property is House of Fraser, with other nearby occupiers including Marks & Spencer, Debenhams, BHS, Boots, Topshop/Topman, New Look and H&M.

Tenure

Freehold.

Location
Miles
35 miles south of Newcatle upon Tyne
65 miles north of Leeds
Roads
A66, A19, A1(M)
Rail
Middlesbrough Railway Station
Air
Durham Tees Valley Airport, Newcastle Airport
Situation

The property is situated in a prominent position on the west side of Linthorpe Road, the town’s prime pedestrianised retail thoroughfare, between the major Middlesbrough Hillstreet Shopping Centre and the Cleveland Shopping Centre. Neighbouring the property is House of Fraser, with other nearby occupiers including Marks & Spencer, Debenhams, BHS, Boots, Topshop/Topman, New Look and H&M.

Tenure

Freehold.

Description

The property comprises a double fronted ground floor retail unit with ancillary accommodation on the first and second floors.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a double fronted ground floor retail unit with ancillary accommodation on the first and second floors.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
First
Second
Retail
Ancillary
Ancillary
194.20 sq m
206.80 sq m
103.20 sq m
(2,032 sq ft)
(2,226 sq ft)
(1,111 sq ft)
SPORTSWIFT LIMITED T/A
CARD FACTORY (1)
5 years from 07/08/2014 on a full repairing and insuring lease (2) £80,000 06/08/2019
Totals
504.20 sq m
(5,427 sq ft)
    £80,000  

(1) For the year ending 31/01/2015, Sportswift Limited reported a turnover of £336,676,000, pre-tax profits of £62,320,000 and a total net worth of £58,862,000. (Source: www.experian.com 26/08/2015)
(2) The lease is outside of the security of tenure provisions of the Landlord and Tenant Act 1954.

Property Documents

  • Catalogue Page
    Updated Date
    30.09.15
    File Size
    528 KB
    View PDF
  • Site Plan
    Updated Date
    30.09.15
    File Size
    82 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds LLP Bridgewater PlaceWater Lane
Leeds
LS11 5DR
Robert Conlan 0113 200 4361robertconlan@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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