Summary - Units 18-32 Rothbury Road, Berwick Hills, Middlesbrough TS3 7NW TS3 7NW
1 bed 1 bath Retail Property (high street)
Multi-let retail units with rear loading and three-phase power.
Part-income producing freehold parade with flats above
A part-income producing freehold parade of ground-floor retail units with residential flats above, located in a densely populated Berwick Hills neighbourhood. The terrace includes established local occupiers such as a pizza takeaway and convenience store, with rear loading and a three-phase electricity supply suitable for light commercial use. The vendor confirms VAT is not payable and offers are sought either for the whole parade or for individual units as set out in the tenancy schedule.
This is an investor-focused opportunity: units are medium-sized (total 754 sq ft) and sit on a street with regular footfall from local residents. Shared parking to the front and a club opposite add to convenience for customers. Tenants and rental details are supplied in the tenancy schedule; interested parties should review the schedule and EPC asset ratings available on request.
Buyers should factor in location-related risks. The area is described as very deprived with a high local crime rate and a community profile of hard-pressed young families; these factors can affect rental growth and void risk. Rating assessments and rates payable should be verified with the Local Rating Authority, and each party is responsible for their own legal costs.
Priced Offers in the Region of £430,000 for the whole, with individual unit offers considered at £65,000–£70,000, this block suits investors seeking multi-let high-street exposure in a compact, well-served neighbourhood. The property may also suit active landlords prepared to manage location risks and pursue rental or occupational improvements.
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