83-85 Borough Rd | Middlesbrough TS1 3AA
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
83-85 Borough Rd
Middlesbrough TS1 3AA
Retail Property For Sale
Executive Summary
Prominently located on Borough Road and by the entrance to Teesside University.
Middlesbrough and the wider Teesside area are undergoing transformational levels of investment and development.
£275 million is being invested into the University, providing modern and vibrant facilities to enhance the student experience.
Two ground floor retail units with six apartments comprising 11 beds.
Excellent occupational history.
Current gross income of £58,882 and a Net Operating Income of £49,032 per annum.
Middlesbrough and the wider Teesside area are undergoing transformational levels of investment and development.
£275 million is being invested into the University, providing modern and vibrant facilities to enhance the student experience.
Two ground floor retail units with six apartments comprising 11 beds.
Excellent occupational history.
Current gross income of £58,882 and a Net Operating Income of £49,032 per annum.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,612 SF
Building Class
C
Year Built
1891
Price
$772,538 CAD
Price Per SF
$168 CAD
Cap Rate
11.29%
NOI
$87,220 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Amenities
- 24 Hour Access
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
