Cannon Street, Middlesbrough, North Yorkshire, TS1
- SIZE AVAILABLE
4,650 sq ft
432 sq m
- SECTOR
Light industrial facility for sale
- USE CLASSUse class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution
B1, B2, B8
Key features
- Sold at a reasonable yield on application
- Built to a very high standard with a 10 year insurance backed defects policy
- Situated on an estate which is well managed via a management company
- Lots of free car parking and 24 hour security
- See the enclosed brochure for more details.
Description
Mandale Park TS1 is a multi-let, high-quality industrial park located in Cannon Park, Middlesbrough, just minutes from the town centre. Positioned with excellent access to the A66 and A19, this prime location offers businesses outstanding transport links, making it an attractive base for tenants and a secure, high-yielding opportunity for investors.
A Fully Let, Proven Investment
With a current rental income of £48,000.00 per annum, the park is structured for steady growth. Rental uplifts are forecast over the next five years, reaching approximately £55,135.00 per annum. Scheduled rent reviews at years three and five, along with RPI-controlled adjustments, ensure a stable and predictable increase in return - all without the need to renegotiate existing lease agreements.
Hands-Off, Hassle-Free Management
Mandale Park TS1 is professionally managed by an external property management company, allowing investors to enjoy passive income with minimal involvement. The site's established reputation, combined with its high-quality design and modern facilities, secures long-term appeal for businesses looking for well-located, fully fitted premises
Brochures
Cannon Street, Middlesbrough, North Yorkshire, TS1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Middlesbrough Station0.9 miles
- Thornaby Station2.1 miles
- Billingham Station2.4 miles
Notes
Disclaimer - Property reference Cannon6-8. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mandale Group, Stockton On Tees. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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