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16 Centre Mall Cleveland Centre, Middlesbrough, TS1 2LS
Use Class
E
Size
330 sq ft
Rent pa
£7,500
Providing c. 400,000 sq.ft of retailing, The Cleveland Centre is Middlesbroughs largest shopping centre and benefits from a dedicated 600 space car park.
Major tenants include Boots, HMV, JD Sports, New Look, Footlocker, Costa, and WH Smith.
The subject property occupies a central position on Wesley Mall adjacent to Lush and opposite Boots, Perfume Shop, Vision Express and Vodafone.
Middlesbrough is a major North East conurbation situated 39 miles south of Newcastle and 10 miles east of Darlington. It is the principal shopping centre of Teesside (2011 Census Population in excess of 376,000).
Key Information
Viewing
THE STAFF ARE UNAWARE OF THE IMPENDING DISPOSAL and for further details or viewing arrangements please contact Brassington Rowan: Jason Oddy D: 0113 383 3759 E: jason.oddy@brassrow.co.uk John Birtwistle D: 0113 383 3758 E: john.birtwistle@brassrow.co.uk or our joint agents Praxis:- Chris Hovington M: 07770 935529
Accommodation
330 Sq.Ft
Financial
Lease Term
The premises are offered on a new effective FRI lease for a term to be agreed, subject to upward only rent reviews every 5 years.
Rent
Subject to contract, rental offers are invited in the region of £7500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.
Service charge
We understand the 2023/2024 budget is £5,095.34.
Business Rates
We are advised the property is assessed as follows:- Rateable Value (April 2023) 6,900.00 UBR (2023/2024) 49.9p Estimated Rates Payable (2023/2024) 3,443.10 Estimated Payable with Retail Relief 860.77 For further details visit www.voa.gov.uk or contact the local Rating Authority. The Rates Payable may be subject to small business and/or other reliefs.
Rates
Sustainability
A copy of the EPC is available on request.
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
All data ©2024 Completely Property Technology Limited
This was last updated on 11/04/2024