Summary - EC JARRED, THE PEARSON BUILDING, BRIGHT STREET TS1 2AA
1 bed 1 bath Commercial Property
Large freehold with strong transport links and clear refurbishment upside.
Freehold three-storey building, c.13,324 sq.ft total
A substantial three-storey freehold in a prominent Middlesbrough junction, this brick commercial building offers scale and clear repositioning potential. The property extends to approximately 1,237.59 sq.m (13,324 sq.ft) across ground, first and second floors; the upper floors currently trade as a gym and martial arts centre while the ground floor is vacant.
Priced to reflect its current income profile, the building produces only £20,000 per annum in rents at present and will be sold via online auction. The large footprint, corner plot and high-street frontage make it suitable for continued multi-let commercial use, a single occupier conversion, or a refit for leisure/retail operators.
Buyers should note material considerations plainly: the ground floor vacancy and low rental return mean immediate rental uplift or refurbishment will be required to unlock value. The property sits in a very deprived area with very high local crime levels, which may affect tenant demand and operating risk. Sale is by auction—bidders must register and allow for auction terms.
Transport links are good, with nearby railway and major route access, and strong local amenities and passing footfall (cinema, fast food and other retailers opposite). Broadband and mobile signal are reported strong, and there is no flooding risk recorded.
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