Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a former Debenhams department store and is currently configured for multi-level retail sales. The property is arranged over six floors and was originally a hotel, becoming a department store in 1912. The property has many period construction features Additions to the floors took place from the 1960s. Internally the property is fitted out as a department store with open plan retailing around a service core. Floor plans are available upon request.
Planning
Middlesbrough town centre falls under the jurisdiction of the Middlesbrough Development Corporation (https://teesvalley-ca.gov.uk/about/mayoral-development-corporation/ ) which has been formed with the overarching goal to transform Middlesbrough, their focus being town centre regeneration. They are actively looking to work with local stakeholders to create sustainable commercial developments, thriving neighbourhoods and valued amenity space.
The property is suitable for a variety of different uses. Communication with both Middlesbrough Borough Council and the Mayoral Development Corporation suggests they are very supportive of revitalising the property and would be supportive of any change of uses (Subject to planning consent). The ground floor would lend itself to both retail and leisure uses with the upper floors being suitable to conversion to apartments, student residential, office or a hotel/serviced apartments.
Notes
Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack. Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.