• Broker Mark Convery 1642061485
  • Broker Kevin McGorie 1642061485

The Tower Club 390 Newport Rd

15,478 SF Office Building Middlesbrough TS5 4BT $259,134 ($16.74/SF)

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INVESTMENT HIGHLIGHTS

  • Asking Price £200,000
  • Substantial cap-ex recently undertaken
  • Total Area: 1,437.10 sq m (15,478 sq ft)
  • Fully Let until 2024 at £31,000 per annum
  • £45,000 lump sum to buyer from telecom mast operator upon lease completion
  • Freehold Vacant Church

EXECUTIVE SUMMARY

Offers in the region of £200,000 (Two Hundred Thousand Pounds) are invited, subject to contract, for the benefit of our client’s freehold interest.
Please note that the vendor reserves the right not to accept the highest or any offers received.

ATTACHMENTS

Middlesbrough - Tower Club, Newport Road (390)

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Tenure
Freehold
Building Size
15,478 SF
Building Class
B
Year Built
1900
Price
$259,134
Price Per SF
$16.74
Building Height
2 Stories
Typical Floor Size
7,739 SF

AMENITIES

  • Security System
  • Storage Space
  • Air Conditioning

Map of 390 Newport Rd Middlesbrough, RCC TS5 4BT

ADDITIONAL PHOTOS

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