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251-255 Linthorpe Rd
Middlesbrough TS1 4AT
The Co Operative Buildings · Office Property For Sale
Investment Highlights
- To be offered on Wednesday 5 November.
- Three retail units and office space to the upper parts.
- 73% of the income is secured against Creditsafe 'very low risk' rated tenants.
- Fully refurbished, award winning building.
- Located on the principle retail thoroughfare in Middlesbrough.
- High Yielding Mixed Use Investment.
- Multi-let to eight tenants including Tesco and Ladbrokes.
- WAULT of c. 5.59 Years.
- 36,271 sq ft (3,369 sqm).
- Investment Let at £330,121.52 p.a. (11.58% GIY on guide price).
Property Facts
Property Type
Office
Building Size
36,271 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1925/2008
Percent Leased
93%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,272 SF
Building FAR
0.72
Lot Size
1.15 AC
Parking
4 Spaces (0.11 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Security System
- Automatic Blinds
- Storage Space
- DDA Compliant
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