Summary - 61, DUNDAS STREET TS1 1HR
1 bed 1 bath Retail Property (high street)
Spacious town-centre retail unit with flexible sale or lease options..
Large three-storey town-centre retail unit (c.1,862 sq ft)
Located on pedestrianised Dundas Street in central Middlesbrough, this large three-storey retail unit sits close to the Cleveland Centre and Dundas Arcade, flanked by national and local occupiers. The ground floor offers an open-plan sales area with roller shutter security and large frontage; upper floors provide additional sales, storage, staff facilities and an office — useful for an expanding shop or multi-level retail concept.
Practical benefits include small business rates relief (rateable value £9,800), nearby town-centre car parking and shared rear access from Dundas Mews. The property is offered primarily on leasehold terms with an asking rent of £16,500 pa, but the freehold has also been marketed with offers invited around £160,000, giving flexibility to either investors or an owner-occupier.
This location suits investors or occupiers seeking high footfall in a central retail parade. The unit is large (c.1,862 sq ft) and largely open-plan, allowing straightforward reconfiguration for new retail layouts, click-and-collect, or a service-led business. Security features include a full roller shutter and street-level visibility from a busy, pedestrianised route.
Buyers should note material considerations plainly: the immediate area is very deprived with a very high local crime rate, which may affect trading patterns and insurance costs. The property will suit those prepared to invest in refurbishment and targeted management to maximise footfall and tenant stability. Broadband speeds are average and the building is split-level, which may limit some uses without alteration.
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