Summary - The Old Co-op Linthorpe Road Middlesbrough TS1 4AS
1 bed 1 bath Mixed Use
Fully let, refurbished investment with strong income and central location.
Fully refurbished, award-winning 36,271 sq ft mixed-use building
Multi-let to eight tenants, including Tesco and Ladbrokes
Produces £330,121.52 pa — 11.58% GIY on guide price
73% of income with Creditsafe 'very low risk' rated tenants
WAULT c. 5.59 years, providing medium-term income security
Secure underground car park with 37 off-street spaces
Located on Linthorpe Road opposite Teesside University and retail core
Sale at auction; area is very deprived with very high recorded crime
This is a high-yield, multi-let mixed-use investment occupying a prominent position on Linthorpe Road, Middlesbrough’s principal retail thoroughfare. The fully refurbished, award-winning building extends to 36,271 sq ft across four floors and is let to eight tenants, including Tesco and Ladbrokes, producing £330,121.52 pa (11.58% gross initial yield on guide price).
Income security is strong at 73% of rent tied to Creditsafe “very low risk” tenants and a WAULT of c. 5.59 years, supporting predictable cashflow for an investor seeking immediate returns. The property includes a secure underground car park with 37 spaces and benefits from proximity to Teesside University and the town centre retail core.
Buyers should note material considerations: the building is in a very deprived area with recorded very high crime levels, and the sale will be completed at auction. There is an established service charge that bears operating and management costs; prospective purchasers should review the legal pack for full service charge and tenancy details. Tenure is stated as unknown in the sale details.
High street retail property for sale in Corporation Road, Middlesbrough, North Yorkshire, TS1 — £225,000 • 1 bed • 1 bath • 1500 ft²
Out-of-town retail property for sale in 429 Linthorpe Road, Middlesbrough, Cleveland, TS5 6HH, TS5 — £160,000 • 1 bed • 1 bath • 408 ft²
Light industrial facility for sale in Bright Street, Middlesbrough, North Yorkshire, TS1 — £650,000 • 1 bed • 1 bath • 13325 ft²
3 bedroom terraced house for sale in Borough Road, Middlesbrough, TS1 — £290,000 • 3 bed • 3 bath • 453 ft²
Commercial property for sale in For Sale: 423-425 Linthorpe Road, Middlesbrough, North Yorkshire, TS5 — £310,000 • 2 bed • 1 bath • 2706 ft²
Commercial property for sale in Longlands Road, Middlesbrough, North Yorkshire, TS4 — £210,000 • 1 bed • 1 bath • 1600 ft²
