Summary - Bright Street, Middlesbrough, North Yorkshire, TS1 TS1 2AA
1 bed 1 bath Light Industrial
High-visibility, income-producing asset with strong redevelopment potential.
• Prominent corner position between Marton Road and Bright Street
• Total area c.13,325 sq ft across three floors
• Upper floors let to gym/martial arts: £20,000 pa combined
• Ground floor and part first floor vacant (4,513 sq ft)
• Suitable for varied uses subject to planning permission
• Surrounding area: very deprived with very high crime levels
• Buyer contribution: 1% of sale price for surveyors' fees
• Excellent transport links, walkable to town centre and stations
A prominent red-brick light industrial building on Bright Street offering substantial space and clear income potential. The property totals about 13,325 sq ft across three floors, with the upper floors let to a gym and martial-arts operator producing a combined £20,000 per year. Ground-floor and part first-floor accommodation (4,513 sq ft) is vacant, presenting immediate refurbishment or re-letting opportunities subject to planning.
The site sits on a highly visible corner between Marton Road and Bright Street, opposite McDonald’s, Odeon Luxe and Pizza Hut, and within walking distance of the town centre, train and bus stations. Good transport links and excellent mobile and fast broadband make the building suitable for a range of commercial, leisure or conversion uses (subject to planning).
Buyers should note material negatives plainly: the surrounding area is very deprived with very high local crime levels, which may affect tenant mix and rental values. A buyer will also be required to pay a surveyor contribution equal to 1% of the sale price. The building will suit investors or developers comfortable with refurbishment and active asset management.
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