Summary - UNIT 1, LEADER BUILDINGS, WESTERBY ROAD TS3 8TD
1 bed 1 bath Light Industrial
**Standout Features:**
- Prime light industrial investment property
- Fully let with annual rental income of £40,000
- Established tenant: Learning Curve Group Limited, with reported profits of £3.4 million
- Located in a well-known industrial area near essential amenities
- Large total area of 18,292 sq ft
- Attractive gross initial yield of 8.16%
- Future rental growth potential
- Freehold tenure providing ownership flexibility
**Concerns:**
- Lease has 3 years remaining, which may complicate financing options
- Area faces high crime rates and socioeconomic challenges
This impressive light industrial facility at 1 Westerby Road, Middlesbrough, offers an exceptional investment opportunity with a stable tenant, Learning Curve Group Limited, secured by a 5-year Full Repairing and Insuring Lease. Generating a robust annual rental income of £40,000, this property boasts an attractive gross initial yield of 8.16%, making it a compelling choice for potential investors. Spanning an expansive 18,292 sq ft, it includes a two-story office block and a spacious warehouse adapted for multi-purpose use, ideal for training and workshops.
Located in a thriving industrial hub, this property benefits from easy access to the A66 Trunk Road and nearby amenities, including retail outlets and services—ensuring high visibility and convenience for business operations. However, interested buyers should note that the property has only three years remaining on its lease, which may present challenges with mortgage lending.
Seize this opportunity to secure a solid industrial asset in a strategic location with prospects for future rental growth. Don’t miss out—properties of this caliber in established trading estates are limited and tend to move quickly!
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