Property
UNIT 5 DRAKE COURT, RIVERSIDE PARK ESTATE, MIDDLESBROUGH, TS2 1RS
The property provides a terraced, industrial property of steel portal frame construction with block-work and cladding infill walls. The roof has the benefit of translucent roof light panels and extends to a minimum eaves height of 4.5m. The unit has separated pedestrian and vehicular access through a roller shutter. The unit also has their own dedicated parking and loading.
LOCATION
The properties are located on Riverside Industrial Estate, one of the most popular commercial locations in the Teesside region. The estate lies to west of Middlesbrough town centre and has excellent transport links. The A66, which is accessed directly from the estate, provides access in turn to the A19 and A1.
ACCOMMODATION
The property includes the following gross internal areas:
| Name | M² | Ft² |
| Unit 5 | 278.6 | 2,999 |
TERMS
The premises are available by way of a new effectively full repairing and insuring lease at a rent of £15,000 per annum (exclusive). All other terms are to be agreed by negotiation.
RATING ASSESSMENT
The rating assessment currently appearing on the Valuation List is as follows:
| £ | |
| 2023 | 10,000 |
The Small Business Rate for the year 2024/2025 is 49.9 pence in the pound.
ANTI-MONEY LAUNDERING
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.
ENERGY PERFORMANCE
The property has an Energy Performance Certificate rating of
D(85).
VAT
All figures are exclusive of VAT where chargeable. The property is elected for VAT
