75 Linthorpe Road, 75 Linthorpe Road, Middlesbrough | Property for sale | Savills
Guide price £150,000($256,424)

75 Linthorpe Road75 Linthorpe Road, Middlesbrough

  • New
  • Sole agency
  • Freehold
Investment
Yield 14%Yield

Key features

  • High Yielding Retail Investment
  • Retail Unit and Upper Parts
  • Fully Let to The Peoples Dispensary for Sick Animals
  • Lease Expires 09/04/2028
  • Producing £21,000 per annum
  • Popular Pedestrianised Street
  • Guide Price Reflects 14% Gross Yield

High Yielding Retail Investment Opportunity Let to PDSA on a Five Year Lease Expiring 09/04/2028 and Paying £21,000 per annum

About this property

  • The property comprises a high yielding retail investment opportunity let to a national charity and situated on a popular pedestrianised street. Arranged across ground, first and second floors, the property is let in its entirety to The Peoples Dispensary for Sick Animals (PDSA) and is used as a charity shop. The lease is for a term of five years expiring 09/04/2028 and paying £21,000 per annum. PDSA are a well established national charity with approx. 100 stores nationwide. The property benefits from a prominent pitch to a popular pedestrianised street. Nearby occupiers include River Island, Boots and Holland & Barratt. The property also sits between two entrances to the Cleveland Centre which includes a number of national occupiers such as New Look, Iceland and JD Sports.