Summary - Stonehouse Street, Middlesbrough, North Yorkshire, TS5 TS5 6HR
1 bed 1 bath Light Industrial
0.56 acre site with 0.28 acre hardstanding
Total internal area 5,259 sq ft across workshops, stores, office
Majority let to November 2028 with stepped rent rises to £30,000 pa
Planning approved for six industrial units on Emmerson Street (Ref 25/0074/FUL)
Current uses include workshops, car sales forecourt and retail sublets
Area classified very deprived; local crime levels high
Tenure shown as unknown—buyers must verify title and occupation
Buyer to pay 1% of sale price toward surveyors' fees
A substantial light-industrial freehold on Stonehouse Street, offered with existing rental income and development potential. The site extends to 0.56 acres (0.28 acres hardstanding) with 5,259 sq ft of buildings including workshops, stores and an office. The majority of the property is let on a fixed-term lease to November 2028, producing £25,000 pa rising to £27,000 pa in October 2025 and £30,000 pa in October 2026.
Part of the site (Emmerson Street) benefits from planning permission for six industrial units (Planning Ref: 25/0074/FUL), providing a clear route to intensify use or deliver smaller units for lettings or owner-occupiers. Typical occupiers currently include workshops, a car sales forecourt, kitchen equipment retailer and an embroidery/printing business; the vendor understands some units are sublet.
Key investor considerations: the area is classed as very deprived with high local crime levels and a hard-pressed, ethnically mixed catchment. Tenure details are shown as unknown on the sale information and buyers should verify title and occupation. Purchasers will be liable for a 1% contribution towards surveyors’ fees on completion.
Practical positives include excellent mobile signal, fast broadband and central urban access with nearby amenities and schools. The site suits opportunistic investors or developers able to manage a hands-on asset in an urban, high-demand industrial market, but it will require active asset management and due diligence on leases, subletting and title boundaries.
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