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423-425 Linthorpe Rd 2,240 SF 100% Leased Office Building Middlesbrough TS5 6HH $571,166 CAD ($254.98 CAD/SF)

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Investment Highlights

  • Prime location
  • For sale and let
  • Great transport links

Executive Summary

Upon entering the property, you have split access to the former café on the left and the former retail unit to the right. Both ground floor units have further kitchenettes and storage rooms to the rear of the property.
On the first floor, above the café, ongoing works are being carried out to convert into a 2-bedroom flat. There is possibility for the same to be complete on the other side above the retail unit.
The two ground floor commercial units are available to rent, searches for tenants are ongoing.
Once fully let, we anticipate an annual income of £27,400 per annum

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
2,240 SF
Building Class
B
Year Built
1955
Price
$571,166 CAD
Price Per SF
$254.98 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,120 SF
  • Listing ID: 30730352

  • Date on Market: 2024-01-23

  • Last Updated:

  • Address: 423-425 Linthorpe Rd, Middlesbrough TS5 6HH

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