Summary - 55 NEWPORT ROAD MIDDLESBROUGH TS1 1LB
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime town centre location opposite the bus station
- Two-storey retail unit previously established as a café/restaurant
- Large ground floor with potential for varied retail or dining use
- Off-street parking available
- Chain-free sale
**Potential Concerns:**
- Located in an area with high crime rates and significant deprivation
- Requires modernization tailored to the new owner’s concept
Summary:
Discover the potential of this expansive two-storey retail unit located in the heart of Middlesbrough’s town centre, directly opposite the bus station. Spanning 1,395 square feet, this property boasts a sizable ground floor space perfect for a dynamic retail operation or a café/restaurant transformation, flanked by large display windows that enhance visibility and attract foot traffic. The upper floor offers additional space for storage or further creative development.
While the bustling urban environment provides great business opportunities, it is essential to note that the area has high crime rates and is classified as deprived. However, its proximity to a public car park, local amenities like Super Games World and Grubbs Diner, and excellent transport links ensure a steady flow of customers. With a competitive asking price of £120,000 and eligibility for small business rates relief, this property presents a lucrative investment for aspiring entrepreneurs looking to make their mark in a vibrant community. Invest now, as opportunities like this don’t last long!
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