Interested in this property? Call Jonathan Newns on +44 (0)113 212 3501 or Richard Barker on +44 (0)113 388 4856

Location

Middlesbrough is situated approximately 30 miles south of Newcastle, and forms the central hub of the Teesside conurbation.

The highly successful Hill Street Centre is anchored by M&S, Debenhams, and Primark with other National Multiples including Pandora, Jack n Jones, Sports Direct, La Senza, Monsoon, Argos, Ernest Jones, Superdrug and New Look.

Accommodation

The premises comprise the following approximate net internal floor areas:-

Demise Sq. ft. Sq. m.
Ground Floor Sales 1,786 165.9
First Floor Storage 535

The premises are arranged over the ground and first floors.

Rent

We are seeking rental offers in the order of £84,000 per annum exclusive.

Tenure

The unit is offered on a new 10 year fully repairing and insuring lease, subject to an upwards only rent review at the end of year 5.

Business Rates

The unit has a 2017 rateable value assessment of £66,500.

For further details visit Gov.uk or contact the business rates department in the local authority.

Service Charge

For the year ending 2017 the annual Service Charge is £10,425 per annum

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.