Grange Road, Middlesbrough, North Yorkshire, TS1
POA
- SIZE
Ask agent
- SECTOR
Retail property shopping centre for sale
Key features
- High Foot Traffic
- Busy Street
- Prime Location
- Investment Opportunity
Description
Prime Mixed-Use Development Opportunity - Middlesbrough Town Centre
Property Address: Corner of Taylor Street & Grange Road, Middlesbrough, TS1
Description:
Occupying a highly prominent corner position in the heart of Middlesbrough town centre, this substantial freehold property offers an exceptional opportunity for large-scale redevelopment. With the potential to support a landmark 7-storey building comprising 60-70 residential apartments, alongside ground-floor commercial or leisure space, this site is ideally placed to capitalise on the town's ongoing transformation. Located on the doorstep of major regeneration areas, including Captain Cook Square, the refurbished multi-storey car park, and newly opened venues such as Level X, The Bazaar, Wendy's, and Jump 360, the property benefits from strong footfall, transport links, and an increasingly vibrant town centre atmosphere.
Location Highlights:
Central, Corner Plot - High visibility and foot traffic in the heart of Middlesbrough.
Excellent Connectivity - Minutes from Middlesbrough Bus Station and Railway Station.
Growing Demand - Rising need for quality housing from young professionals, students, and commuters.
Strategic Regeneration Zone - Within walking distance of large-scale investment projects and mixed-use schemes.
Development Potential:
The current property spans approximately 4,559 sq ft across two floors:
Ground Floor: 211.76 sq m (2,279 sq ft)
First Floor: 211.76 sq m (2,279 sq ft)
With solid structural foundations, the site could be vertically extended to up to seven storeys, subject to planning, unlocking potential for 60-70 high-quality residential apartments above ground-level commercial space. This makes it ideal for Build-to-Rent, PRS, or mixed-use development models.
Middlesbrough Council Support & Funding Overview:
1. Brownfield Housing Fund (BHF):
Part of the Tees Valley Combined Authority's funding programme, the BHF supports redevelopment of underused or vacant brownfield land. Developers may be eligible for grants to unlock viability and assist with site clearance, remediation, and infrastructure.
2. Town Centre Living Strategy:
Middlesbrough Council has made residential development in the town centre a top priority. The aim is to attract 4,000+ new residents to the town centre by 2035. Projects that align with this vision may benefit from fast-tracked planning support, reduced Section 106 contributions in some cases, potential council-led joint venture opportunities, and access to design advice and site support through the council's regeneration team.
3. Affordable Housing Grant & Developer Incentives:
For schemes including affordable units or shared ownership housing, financial support may be available through Homes England or local partnerships. The council also supports developers navigating these funding routes.
4. Middlesbrough Investment Prospectus:
This site falls within a core strategic area identified in the council's Investment Prospectus, which outlines the town's £600m regeneration pipeline. Being within one of these priority zones means your scheme may be eligible for direct regeneration investment, business rates relief on commercial elements, support for marketing and promotion, and help with tenant sourcing for retail/leisure space.
5. Active Regeneration Advisory Support:
The council's inward investment and regeneration teams are available to provide developers with early-stage design input, funding application support, feasibility assessments, and stakeholder introductions.
Key Features:
Freehold Site with full vacant possession.
High Footfall Location near town centre, Captain Cook Square & leisure venues.
Potential for 7-storey development with 60-70 apartments (STP).
Strong foundations & layout suitable for vertical expansion.
Surrounded by regeneration and infrastructure investment.
Eligible for multiple council funding streams & planning support.
Ideal for investors, developers or housing providers looking for a high-demand location.
Viewings & Enquiries:
To discuss this opportunity, request feasibility reports, or arrange a site visit, please contact:
Magnum Properties - Commercial Property Team
Property Address: Corner of Taylor Street & Grange Road, Middlesbrough, TS1
Description:
Occupying a highly prominent corner position in the heart of Middlesbrough town centre, this substantial freehold property offers an exceptional opportunity for large-scale redevelopment. With the potential to support a landmark 7-storey building comprising 60-70 residential apartments, alongside ground-floor commercial or leisure space, this site is ideally placed to capitalise on the town's ongoing transformation. Located on the doorstep of major regeneration areas, including Captain Cook Square, the refurbished multi-storey car park, and newly opened venues such as Level X, The Bazaar, Wendy's, and Jump 360, the property benefits from strong footfall, transport links, and an increasingly vibrant town centre atmosphere.
Location Highlights:
Central, Corner Plot - High visibility and foot traffic in the heart of Middlesbrough.
Excellent Connectivity - Minutes from Middlesbrough Bus Station and Railway Station.
Growing Demand - Rising need for quality housing from young professionals, students, and commuters.
Strategic Regeneration Zone - Within walking distance of large-scale investment projects and mixed-use schemes.
Development Potential:
The current property spans approximately 4,559 sq ft across two floors:
Ground Floor: 211.76 sq m (2,279 sq ft)
First Floor: 211.76 sq m (2,279 sq ft)
With solid structural foundations, the site could be vertically extended to up to seven storeys, subject to planning, unlocking potential for 60-70 high-quality residential apartments above ground-level commercial space. This makes it ideal for Build-to-Rent, PRS, or mixed-use development models.
Middlesbrough Council Support & Funding Overview:
1. Brownfield Housing Fund (BHF):
Part of the Tees Valley Combined Authority's funding programme, the BHF supports redevelopment of underused or vacant brownfield land. Developers may be eligible for grants to unlock viability and assist with site clearance, remediation, and infrastructure.
2. Town Centre Living Strategy:
Middlesbrough Council has made residential development in the town centre a top priority. The aim is to attract 4,000+ new residents to the town centre by 2035. Projects that align with this vision may benefit from fast-tracked planning support, reduced Section 106 contributions in some cases, potential council-led joint venture opportunities, and access to design advice and site support through the council's regeneration team.
3. Affordable Housing Grant & Developer Incentives:
For schemes including affordable units or shared ownership housing, financial support may be available through Homes England or local partnerships. The council also supports developers navigating these funding routes.
4. Middlesbrough Investment Prospectus:
This site falls within a core strategic area identified in the council's Investment Prospectus, which outlines the town's £600m regeneration pipeline. Being within one of these priority zones means your scheme may be eligible for direct regeneration investment, business rates relief on commercial elements, support for marketing and promotion, and help with tenant sourcing for retail/leisure space.
5. Active Regeneration Advisory Support:
The council's inward investment and regeneration teams are available to provide developers with early-stage design input, funding application support, feasibility assessments, and stakeholder introductions.
Key Features:
Freehold Site with full vacant possession.
High Footfall Location near town centre, Captain Cook Square & leisure venues.
Potential for 7-storey development with 60-70 apartments (STP).
Strong foundations & layout suitable for vertical expansion.
Surrounded by regeneration and infrastructure investment.
Eligible for multiple council funding streams & planning support.
Ideal for investors, developers or housing providers looking for a high-demand location.
Viewings & Enquiries:
To discuss this opportunity, request feasibility reports, or arrange a site visit, please contact:
Magnum Properties - Commercial Property Team
Grange Road, Middlesbrough, North Yorkshire, TS1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Middlesbrough Station0.4 miles
- South Bank Station2.6 miles
- Billingham Station2.7 miles
Notes
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