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Zetland Road, Middlesbrough, North Yorkshire, TS1

Offers Over
£949,900

£51.02 per sq ft

Business rates & charges may apply

Magnum Properties - Commercial, Linthorpe Road
SIZE AVAILABLE

18,620 sq ft

1,730 sq m

SECTOR

Commercial property for sale

Key features

  • High Foot Traffic
  • Prime Location
  • Good Investment

Description

Location:

The Zetland Hotel is situated in Middlesbrough's historic quarter on Zetland Road, a prestigious area known for its rich architectural heritage and cultural significance. This prime location is at the center of exciting new developments, including the £34 million revamp of Middlesbrough's main train station, which is set to transform the area into a thriving hub of activity.

Grade II Listed Status - Redevelopment Considerations:

The Zetland Hotel's Grade II listed status is an important factor for prospective buyers. While the building retains much of its original charm, any redevelopment or refurbishment must comply with regulations protecting its historic features. This status ensures that the character of the building is preserved, but also means that planning consent for changes will need to be carefully managed to align with heritage preservation guidelines.

Best Western Serviced Accommodation:

Further adding to the area's appeal, Best Western Hotels are opening their new serviced accommodation model right next door, enhancing the potential for the Zetland Hotel as a premium location for hospitality or serviced apartments.

Building History:

Dating back to the late 19th century, the Zetland Hotel is a historic Grade II listed building with a proud legacy. Its architectural grandeur, with a stately facade and classic design elements, reflects Middlesbrough's industrial past, making it a key asset in the local property market.

Size & Layout:

The property offers versatile space across multiple floors, providing flexible options for a range of redevelopment projects. Whether considering a boutique hotel, luxury apartments, or mixed commercial use, the building's layout allows for creativity within the boundaries of its listed status.

Development Potential:

With support from the Middlesbrough Development Corporation (MDC) for regeneration in the area, this is a prime moment to invest in the Zetland Hotel. The ongoing £34 million redevelopment of Middlesbrough train station, soon to offer direct routes to London, will further boost the property's attractiveness to developers and potential occupants.

Hospitality Zone:

The property is ideally situated within Middlesbrough's emerging hospitality zone, which is set to become a major cultural and entertainment destination. With Stacks, Bloom and Muddlers nearby, with more developments on the way, this zone will draw significant footfall, making the Zetland Hotel an excellent investment opportunity.

Tees Valley Combined Authority Support:

Further regeneration of the train station and surrounding area is being driven by the TVCA, ensuring sustained growth in the area's infrastructure and economic potential.

Future Developments:

Recent consultations have hinted at redevelopment of the nearby square and Newport Road, leading onto Wilson Street, which will further enhance the area's connectivity and appeal.

Investment Opportunity:

With its Grade II listed status, the Zetland Hotel provides a rare blend of historical significance and modern development potential. The emerging cultural and hospitality district, alongside significant regeneration efforts, ensures that this property will be central to Middlesbrough's future growth.

Nearby:

The property is surrounded by a range of cultural attractions, shops, and dining options, providing convenience and a vibrant environment for future occupants or guests. The ongoing investments in the area promise to further enhance the local amenities, ensuring that the Zetland Hotel remains at the heart of Middlesbrough's revitalization.

Condition:

The Zetland Hotel retains much of its original charm and historical features. While the building will require refurbishment to meet modern standards, this presents a unique opportunity to restore and tailor the property to your vision, blending historical character with contemporary luxury.

Price:

Price on application this is an exceptional opportunity to invest in a property with immense historical value and development potential.

Potential Redevelopment Options:

For an understanding of the potential of the Zetland Hotel, please contact the Commercial Team at our Head Office in Middlesbrough.

The Zetland Hotel on Zetland Road is more than just a property; it's a gateway to the future of Middlesbrough, offering unparalleled development potential in an area poised for significant growth. Seize this opportunity to be part of the town's vibrant future while preserving a piece of its illustrious past.

For more information or to arrange a viewing, please contact us.

Zetland Road, Middlesbrough, North Yorkshire, TS1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station0.0 miles
  • South Bank Station2.4 miles
  • Billingham Station2.6 miles

About Magnum Properties - Commercial, Linthorpe Road

144 Linthorpe Road Middlesbrough TS1 3RA

* FREE VALUATIONS * FREE PROPERTY ADVICE * FREE PROPERTY SOURCING * PROPERTY MANAGEMENT * RESIDENTIAL & COMMERCIAL PROPERTIES * BUSINESS SALES * NO HIDDEN FEES *

Trust Magnum Properties to buy, sell or rent your residential or commercial property - We are your local, experienced Middlesbrough-based estate agents in Teesside!

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