Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

For Sale by Auction on 27th February 2025, Multi-Let Retail Investment, 7-13 Gilkes Street, Middlesbrough, TS1 5ET

3,141 Sq Ft / Retail / Investment

For Sale

Available - Last updated: 10 February 2025

For Sale by Auction on 27th February 2025

A mid-terraced block of four buildings of traditonal construction beneath a pitched roof. The buildings are arranged as four retail units on the ground floor with ancillary storage/office accommodation and WCs at first floor level. To the rear is a delivery/loading area.

Location

Middlesbrough is the principal administritive centre of the Teeside conurbation and is the third largest retail shopping centre in the North East of England with over 1.7 million sq ft of retail floor space. It lies approximately 40 miles south of Newcastle upon Tyne, 12 miles east of Darlington and 52 miles north of York and can be accessed via the A66, A19 and A1(M). Middlesbrough railway station provides regional rail links as well as national links to London King's Cross via nearby Darlington. Additonally numerous bus routes serve the area and Durham Tees Valley Airport lies approximately 10 miles to the south west of the town.

Gilkes Street lies within the pedestrianised area of the town centre running west from Linthorpe Road. The property lies on its south side adjacent to the Captain Cook Square development, which offers dining and leisure facilities including a bowling alley, a go-karting venue and an e-sports and gaming area. Noteable nearby occupiers include Greggs, Poundland, Boots, New Look and Holland & Barrett.

Accommodation

Unit 7

Ground Floor - 50.4 sq m (543 sq ft)

First Floor Ancillary - 27.5 sq m (297 sq ft)

Unit 9

Ground Floor - 49.5 sq m (533 sq ft)

First Floor Ancillary - 26.4 sq m (284 sq ft)

Unit 11

Ground Floor - 47.0 sq m (505 sq ft)

First Floor Ancillary - 22.3 sq m (240 sq ft)

Unit 13

Ground Floor - 42.5 sq m (458 sq ft)

First Floor Ancillary - 26.1 sq m (281 sq ft)

Terms

Tenure - Freehold

Guide Price - £400,000 - £425,000

Specification

  • Freehold multi-let retail investment
  • Includes four retail units/buildings
  • Pedestrianised town centre location close to Captain Cook Square Shopping Centre
  • Asset management opportunities
  • Producing £70,500 per annum

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price - £400,000 - £425,000 For Sale Freehold NA NA

Email me updates about similar new properties


Show similar properties

Contact agents

Agency Team

BidX1 Commercial

020 3151 9502

Simon Bailey

BidX1 Commercial

020 3151 9486

Andrew Wilkinson

Connect Property North East

01642 685420

Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.