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Centre North East 73-75 Albert Rd 129,973 SF Vacant Office Building Middlesbrough TS1 2RU $6,524,665 ($50.20/SF)
Investment Highlights
- Prominent location
- Benefit from all town centre amenities
- The building is situated at the corner of Albert Road and Corporation Road adjacent to the Cleveland Centre shopping centre and multi storey car park
Executive Summary
The building is offered on a freehold basis with the benefit of all existing leases and vacant possession over unoccupied parts of the building.
An opportunity to acquire a landmark income producing development opportunity at the heart of Middlesbrough Town Centre, well located on Albert Road. This prime location offers unparalleled convenience and access to a wide range of amenities.
Comprising a mixed use building arranged over basement, ground and 17 upper floors, Centre North East offers a total of 12,074 sq m (129,973 sq ft), of which 8,946 sq m (96,297 sq ft) has outline planning consent for residential conversion.
Property Facts
Amenities
- 24 Hour Access
- Restaurant
- Security System
- Accent Lighting
- Energy Performance Rating - E
- Central Heating
- Demised WC facilities
- Direct Elevator Exposure
- Reception
- Drop Ceiling
- Air Conditioning
- Raised Floor System
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Linda Gold's Funny Boyz
- -
- 4,800 SF
- -
- -
- Pinnacle Bowling
- -
- 8,250 SF
- -
- -
-
- Accommodation and Food Services
- 2,000 SF
- -
- -
Turtle Bay began after a 2010 trip to the Caribbean inspired the idea for a restaurant concept built around Surfside, a beach bar with relaxed service and Caribbean Soul at its core. The company operates as a British chain of Caribbean-themed restaurants and bars, with a menu centred on fresh Caribbean-inspired dishes, rum cocktails, Happy Hour offers and Bottomless Brunch, alongside vegan and vegetarian options. Turtle Bay has grown into a familiar casual dining brand across the UK, using food, drinks and a laid-back atmosphere to present Caribbean flavours in a mainstream restaurant setting.
-
- Retailer
- 3,774 SF
- -
- Apr 2033
WED2B is proud to design beautiful wedding dresses for every style, shape and budget. With 6 in-house brands including bridesmaids and bridal accessories, and with wedding dresses from £599, the British retailer is the go-to-destination for affordable bridal wear combined with over 10 years of knowledge and expertise. Since launching in 2009, WED2B has opened stores across the UK, Ireland, Belgium, Netherlands and Germany offering the perfect marriage of affordability, exclusivity and luxury. With future expansion planned across the UK and Europe, the brand continues to strive to make wedding dress shopping an inclusive, relaxed and easy experience.
- Wed2be
- -
- 4,472 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Linda Gold's Funny Boyz | - | 4,800 SF | - | - | ||
| Pinnacle Bowling | - | 8,250 SF | - | - | ||
|
|
Accommodation and Food Services | 2,000 SF | - | - | ||
|
|
Retailer | 3,774 SF | - | Apr 2033 | ||
| Wed2be | - | 4,472 SF | - | - |
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Centre North East | 73-75 Albert Rd
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