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    Key features

    • Freehold Leisure / Retail / Office Opportunity
    • Ground Floor Bar / Retail with Offices on First 2 Floors
    • Change of Use / Development Opportunity (subject to consents)
    • Comprises Approximately 5,221 sq ft
    • Close to Middlesbrough Town Centre
    • Low Capital Value on Guide Price (£47.88 psf)
    • Offered with Vacant Possession

    Description

    The property comprises a three storey mid terraced building arranged as a former bar with office accommodation on the upper two floors. The property has undergone substantial internal and external refurbishment.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Please note the approximate areas have been provided by the VOA/Vendor/EPC and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.


    Ground - 166.02 sq m (1,787 sq ft)

    First - 154.03 sq m (1,658 sq ft)

    Second - 164.99 sq m (1,776 sq ft)


    Total - 485.00 sq m (5,221 sq ft)

    Tenancy

    Offered with Vacant Possession

    Planning

    The property may be suitable for alternative uses or development potential. For further information please contact Middlesbrough Council.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Situated fronting on Albert Road, close to Middlesbrough Town Centre with a number of new bars, lounges and restaurants nearby. There are good public amenities and parking close by with prominent occupiers Tesco, Costa Coffee and JD Sports. Rail services run from Middlesbrough Railway Station, a short walk away. The A66 Trunk Road is accessible, providing links to the A19 and A1(M) motorway network.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums