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Punch Street, Middlesbrough, North Yorkshire, TS1

Guide Price
£1,212,000

£156.39 per sq ft

Business rates & charges may apply

Mandale Group, Stockton On Tees
SIZE AVAILABLE

7,750 sq ft

720 sq m

SECTOR

Industrial park for sale

USE CLASSUse class orders: A2 Financial and Professional Services, A3 Restaurants and Cafes, B1 Business, B2 General Industrial and B8 Storage and Distribution

A2, A3, B1, B2, B8

Key features

  • Brand New Investment for sale offers around £1,210,000.00
  • 5 Fully Let Industrial Units with car parking producing £80,000.00 per annum
  • Fully let to a robust mix of regional occupiers
  • All units benefit from an EPC B rating,

Description

Location
The subject property is located on Cannon Street, immediately adjacent to the A66 dual carriageway and in the heart of the wider Cannon Park estate, which, alongside Riverside Park, comprise the
prime industrial locations in Middlesbrough. Cannon Park is accessed via Newport Road, which links to the A66 and in turn the A19, 1 km to the west. Cannon Park is host to a range of national trade occupiers including Edmundson Electrical, CEF, Rexel and Johnstone's Decorating Centres. Riverside Park, located immediately to the north of the A66, provides a greater focus on manufacturing shipping occupiers, including Cleveland Cable, Sulzer Chemtech, SIG Roofing, and AV Dawson. Both estates benefit from proximity to Teesport (located 2km to the north east of the subject property), which was granted Freeport status in the 2021 budget and as a result is anticipated to boost the local economy by 18,000 jobs and £1.4Bn in additional

Brochures

Punch Street, Middlesbrough, North Yorkshire, TS1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station0.8 miles
  • Thornaby Station2.2 miles
  • Billingham Station2.5 miles

About Mandale Group, Stockton On Tees

MANDALE HOUSE 5 Neville Road, North Tees Industrial Estate, TS18 2RD

Mandale Group, Stockton On Tees

For over 35 years, Mandale Group have been providing businesses with much needed, high quality commercial space.

Being the developer as well as the landlord gives us an advantage; increased responsiveness to the markets evolving needs.

When you contact Mandale Group you will be dealing direct with the landlord providing you with the benefit of our no-nonsense, easy approach to business space lettings.

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Notes

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Disclaimer - Property reference Cannonphase1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mandale Group, Stockton On Tees. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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