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45 Kings Road

To rent: £17,950.00 Per Annum|2640 Sq Ft|Retail - High Street, Retail

PROPERTY DETAILS

TO RENT£17,950.00 Per Annum
SIZE2640 Sq Ft
ADDRESS45 Kings Road, North Ormesby, Middlesbrough, TS3 6NH
TYPERetail - High Street, Retail
TENURETo Let
POSTED ON4th September 2020

DESCRIPTION

Summary

On the instruction of Barclays Bank

Location

North Ormesby is a suburb to the South East of Middlesbrough City centre. The location is at the end of the retail pitch, predominantly residential but Poundstretcher are directly opposite the subject property.

Tenure

Held by way of a Full Repairing and Insuring lease to 09/04/2028. There is a tenant only break clause at 09/04/2023. There is a rent review at 25/12/2023. The Landlord will grant a new lease if that is the preference.

Legal Costs

Each party are to bear their own associated legal costs.

Rates

Zero payable until 1st April 2021 as a Government tax break following the Covid 19 Pandemic. Prior to that: Rateable Value £7,200 Rates payable £3,592.80

LOCATION

Location: 45 Kings Road, North Ormesby, Middlesbrough, TS3 6NH

Middlesbrough (1.1 miles)

South Bank (1.3 miles)

Marton (2.1 miles)

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