Summary - Union Street, Middlesbrough TS1 5PQ
1 bed 1 bath Commercial Property
**Standout Features:**
- Central location on Union Street, Middlesbrough
- Planning permission for 5 commercial units and 54 student accommodation rooms
- Proximity to Teesside University and a newly developed student village
- Freehold property with significant development potential
- Access to a plethora of local amenities and services
- Excellent mobile signal and fast broadband speeds
**Concerns:**
- Area categorized as having high crime rates
- Local socio-economic classification indicates high levels of deprivation
This promising development opportunity located at Union Street, Middlesbrough offers immense potential for savvy investors. With granted planning permission for five commercial units and four additional floors for student accommodation, the project is designed to cater for the growing student population. Envision creating a vibrant environment with 54 purpose-built rooms, ideal for a community that thrives on proximity to education and urban conveniences.
Nestled within walking distance to Teesside University and the town center, the site is strategically positioned to attract tenants looking for modern, communal living spaces. Although the area faces challenges, including elevated crime rates and socio-economic deprivation, the property benefits from high foot traffic and accessibility to countless amenities—cafes, supermarkets, entertainment, and more—all within 500 meters, enriching lifestyle options for future residents.
Act now; such a prime development site with extensive planning permission in this bustling area is a rare find. Secure your foothold in Middlesbrough's evolving landscape and help shape a new hub for students and businesses alike!
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