Summary - 59 BOROUGH ROAD MIDDLESBROUGH TS1 3AA
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime central Middlesbrough location on Borough Road near Linthorpe Road
- High footfall from pedestrian and vehicle traffic, close to Teesside University
- Mixed-use two-storey building: ground floor restaurant and upper floor tattoo studio
- Current rental income of £17,000 p.a. from well-established local businesses
- Development potential available with future configuration options (STP)
- Freehold for sale at an attractive price of £199,950
Discover a rare investment opportunity in the bustling heart of Middlesbrough! This mid-terraced property, comprising 1,781 sq ft across two levels, features a vibrant South Indian restaurant and a tattoo studio, generating a reliable rental income of £17,000 annually. Ideally located with high pedestrian and vehicle traffic, the site benefits from proximity to local amenities and Teesside University, making it perfect for attracting a steady customer base.
While currently occupied, there is room for potential renovations and development subject to planning permissions, allowing you to tailor the space to meet your vision. The property includes essential facilities such as kitchens, prep areas, and staff requirements, along with off-street parking for two vehicles. However, be aware that the leases are limited; with only five years remaining, this may impact financing options.
Take the chance to secure this versatile investment in a dynamic urban setting before it’s gone. With its prime location and promising future potential, this property is well-suited for investors or buyers looking to capitalize on the growing student and local demographics!
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