Lot
042
Auction Ends: 26/02/2025

Industrial Investment, Land At Forty Foot Road, Middlesbrough, North Yorkshire, TS2 1DQ

Property Details
Location
Description
An industrial investment opportunity comprising an industrial site and premises sold subject to a tenancy detailing an annual rent of £35,400. The site is sold freehold and extends to approximately 0.84 acres (0.34 hectares). The lease term runs until June 2037 and features 5 yearly rent reviews.
Location
The site fronts and is accessed via Forty Foot Road in an industrial area of Middlesborough, approximately 1 mile north of the town centre. Forty Foot Road joins the A66 nearby to the south, providing strong transport links.
Approx Site Area
Approximately 0.84 acres (0.34 hectares).
Tenure
Freehold.
Tenancy

TenantAnnual RentTermRent Reviews
Castle Cement Ltd (Hanson/Heidelberg Materials)£35,40001/07/2017 - 01/07/20375 yearly OMR
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 25TH FEBRUARY AND CLOSES ON WEDNESDAY 26TH FEBRUARY.

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043

Industrial Investment, Land Off Depot Road, Middlesbrough, North Yorkshire, TS2 1LE

Auction Ends: 26/02/2025

Guide Price: £375,000 plus

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