DOCSLIB.ORG

100% Prime Retail Unit Let to Arcadia Group for a Further 22 Years 7 Months

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
100% Prime Retail Unit Let to Arcadia Group for a Further 22 Years 7 Months 100% PRIME RETAIL UNIT LET TO ARCADIA GROUP FOR A FURTHER 22 YEARS 7 MONTHS 62A, 64 and 66 Linthorpe Road & 1 Corporation Street, Middlesbrough TS1 1RA EXECUTIVE SUMMARY n 100% prime location amongst leading national retailers n Immediately opposite the recently opened Flannels, Sports Direct and USC units n Let for a further 22 years and 7 months to the Arcadia Group n Passing rent of £174,000 per annum n Freehold n Asking price - £3.11M (Three million, one hundred and ten thousand pounds) excluding VAT reflecting a net initial yield of 5.25% after purchasers’ costs at 6.46% 100% PRIME RETAIL UNIT LET TO ARCADIA GROUP FOR A FURTHER 22 YEARS 7 MONTHS LOCATION Middlesbrough is the economic and The economy within Middlesbrough is administrative centre for Teesside. The town based predominantly on manufacturing, is located approximately 40 miles south of chemical production, and shipping with Newcastle, 12 miles east of Darlington and Tees Port providing major employment 60 miles north east of Leeds. opportunities. Tees Port is currently the 3rd Middlesbrough has a population of largest port in the UK and one of the 10th 138,900 (Middlesbrough Council 2016) largest in Western Europe handling over with a wider catchment population of 56m tons of domestic international cargo. 662,600 within a radius of 12 miles. Middlesbrough also has a thriving University with a student body in excess The town is easily accessible from the A66 of 24,000 contributing over £124m per leading to the A19 and A1(M). By rail the annum to the Middlesbrough economy. town is connected to the rest of the UK via A1046 Darlington or York on to the East Coast line A1046 with journey times to London being 2 hours and 50 minutes. The nearest airport is A178 Durham Tees Valley airport located 12 miles to the south. A1027 River Tees ASHINGTON MORPETH PROPERTY A1027 A1046 A1(M) A696 Newcastle A178 NORTH RD MIDDLESBROUGH Airport A19 A68 North Scotland T A19 TYNEMOUTH e RIVERSIDE e Port of Tyne s STADIUM B A69 r A66 HILLSTREET NEWCASTLE SOUTH id HARTINGTON RD CENTRE Glasgow SHIELDS JURYS CINEMA UPON TYNE A19 g NANDO’S A139 e INN FITNESS GYM Edinburgh A BUS A68 A19 p MCDONALDS GATESHEAD 65 SUNDERLAND p STATION AMERICAN GOLF A177 Teesway ro TOWN SUBWAY ac HALL LAW PIZZA HUT Newcastle A1(M)63 A1046 h Rd NEWPORT RD ALBERT RD COURT Redcar Sunderland A1032 CLEVELAND BOROUGH RD A66 Carlisle MIDDLESBROUGH CHESTER-LE-STREET SEAHAM SHOPPING A690 Marston Rd B6541 CENTRE MARTON RD DURHAM 62 A1046 MIDDLESBROUGH A172 A1305 A167 A181 Leeds A689 HEYWOOD ST A690 61 Crofton Rd HARTLEPOOL TEESSIDE ManchesterSTOCKTON-ON-TEES UNIVERSITY Liverpool 60 B6541 A688 A689 A1089 Nottingham Teesport A19 B1272 Birmingham A68 A66 59 STOCKTON Albert Park A1305 A688 England 58 MIDDLESBROUGH A1 WEST LANE DARLINGTON HOSPITAL MIDDLESBROUGH Wales A171 A66 A66 10 miles INSTITUTE OF MODERN ART Cardiff London 57 Queen’s Stockton Rd Bristol A66 Campus 56 Durham Tees A172 Valley Airport A66 SCOTCH CORNER A19 A1(M)Princeton Dr A19 South B1032 A1130 A684 B6541 MIDDLESBROUGH A135 Teesside COLLEGE Shopping Park 100% PRIME RETAIL UNIT LET TO ARCADIA GROUP FOR A FURTHER 22 YEARS 7 MONTHS A1130 A19 REGENERATION OF MIDDLESBROUGH Middlesbrough town centre has benefited from significant regeneration works over the last 24 months with more works planned in a multi phased programme. Teesside University Campus, located one third of a mile to the south has undergone a £30m improvement programme with new build and refurbished properties completed. Significant public realm monies have been spent in and around Baker Street and Bedford Street which have led to full occupation and the introduction of 17 new businesses in this area. A new 138 bed Holiday Inn Express situated on Albert Road, Further large scale proposals to support the town centre are 300 yards to the south east of the subject property, was at a detailed consultation stage including construction of up opened in 2015 and has subsequently been extended by a to 200,000 sq ft of Grade A offices in Albert Park behind the further 25 rooms in 2017, along with the introduction of a regional Law Courts 300 yards to the east and additional Bistrot Pierre restaurant. Premier Inn has very recently opened public realm works on Southfield Road. The town hall on a hotel adjoining the A66. Albert Road located 150 yards to the east is currently being extensively refurbished for Council occupation. 100% PRIME RETAIL UNIT LET TO ARCADIA GROUP FOR A FURTHER 22 YEARS 7 MONTHS SITUATION The property is located in a 100% prime retail location on a busy opposite are a newly opened Flannels, Sports Direct and USC pedestrianised section of Linthorpe Road with its junction of (former BHS store). Other major retailers in the immediate vicinity Corporation Road. It lies between the Cleveland Centre and the Hill include Next plc, Marks & Spencer, Caffe Nero, Goldsmiths, Street shopping centres. Immediate neighbouring retailers include Deichman Shoes , Holland & Barratt, Foot Asylum, Virgin, Vodafone, House of Fraser and Debenhams department stores. Directly Hayes Travel, Beaverbrooks and Patisserie Valerie. Middlesbrough Train Station A66 Middlesbrough Leisure Park Hillstreet Shopping Centre Gurney Street Triangle M&S PROPERTY Debenhams Centre North East Patisserie Valerie Teesside Combined Court House of Fraser Town Hall and Council Chamber Captain Cook Square Shopping Centre The Cleveland Centre Linthorpe Road Bistrot Pierre New 200,000 sq ft Grade A (Prime Retail Pitch) Middlesbrough Institute Albert Park Pavilion Office Development of Modern Art Holiday Inn Express Proposed 566 bed student accommodation development Baker Street & Bedford Street Character Area Teesside University Campus 100% PRIME RETAIL UNIT LET TO ARCADIA GROUP FOR A FURTHER 22 YEARS 7 MONTHS DESCRIPTION The property comprises a prominent corner retail unit constructed over ground and two upper floors plus attic, built of brick construction under a pitched slate roof. The property has frontages to both Linthorpe Road and Corporation Road and provides retail sales space on the ground and most of the 1st floor with ancillary storage on part 1st and 2nd floors. The attic is unused. Servicing is from the front. ROYAL BRITANNIA FLANNELS SPORTS DIRECT USC GOAD PLAN NORTH 100% PRIME RETAIL UNIT LET TO ARCADIA GROUP FOR A FURTHER 22 YEARS 7 MONTHS ACCOMMODATION We have been provided with the following net internal areas: FLOOR SQ FT SQ M Ground Floor 1,720 159.8 Sales (ITZA 1,221) (ITZA 113.40) First Floor Sales 1,000 92.90 Stores 265 24.60 Second Floor Stores 914 84.90 Attic Not in use 166 15.4 TOTAL 4,065 377.6 TENURE Freehold. 100% PRIME RETAIL UNIT LET TO ARCADIA GROUP FOR A FURTHER 22 YEARS 7 MONTHS TENANCY The entire property is leased to Miss Selfridge Properties Ltd with a guarantee from Arcadia Group Ltd on a 35 year unbroken FR & I Iease from 24 August 2005 expiring on the 23 August 2040. The lease therefore has approximately 22 years and 7 months unexpired. The passing rent is £174,000 p.a. subject to 5 yearly upward only reviews. The tenant has been in occupation since the 1950’s when they traded as Burtons, before being taken over by the Arcadia Group in 1998. COVENANT Miss Selfridge Properties Ltd are part of the Arcadia Group, an international retailing company operating a number of leading fashion brands including Miss Selfridge, Burton Menswear, Outfit, Topshop, Topman. The group has an omni channel retail offering with a market leading e-commerce platform as well as being represented in most major retail centres and high streets. Arcadia Group Ltd (00237511) Act as guarantors to the lease, are a substantial company with a turnover in excess of £2Bn and employing over 12,000 people. Further information is available on www.arcadia.co.uk The latest accounts information for Arcadia Group Limited is summarised in the table below: PRE-TAX SHAREHOLDERS YEAR ENDING TURNOVER PROFIT FUNDS 27/8/2016 £2,009,78,000 £130,718,000 £2,423,033.000 29/8/2015 £2,069,267,000 -£18,106,000 £2,582,380,000 30/8/2014 £2,032,940,000 £275,198,000 £2,793,072,000 Creditsafe give the company a credit rating of 92 out of 100 and described it as “Very Low Risk” with a suggested contract limit of £500m. Their international rating is ‘A’, Creditsafe’s highest rating indicating “very low risk”. The tenant has a D&B rating of 5A1. 100% PRIME RETAIL UNIT LET TO ARCADIA GROUP FOR A FURTHER 22 YEARS 7 MONTHS RETAIL COMMENTARY Middlesbrough is the dominant retail core for Teesside and its wider catchment area with three major shopping centres and a total of 120,775 sq m (1.3m sq ft) of retail accommodation. The subject property lies between the main entrances to the Hill Street Centre and The Cleveland Centre (Wesley Mall) and benefits from the pedestrian flow between these centres. There are a number of anchor tenants in the immediate vicinity including House of Fraser, Marks & Spencers, Debenhams, Next Plc and the newly opened Flannels, Sports Direct and USC units. Like many centres Middlesbrough has experienced a contraction in occupied retail space. Movement has been from secondary locations to the central pedestrianised section of Linthorpe Road leading to near full occupation. Ongoing and future regeneration works are likely to continue to benefit the centre through additional visitors and spend. 100% PRIME RETAIL UNIT LET TO ARCADIA GROUP FOR A FURTHER 22 YEARS 7 MONTHS CAPITAL ALLOWANCES PROPOSAL There are no capital allowances available. Offers are sought of £3,110,000 VAT The property is elected for VAT and it is (Three million, one hundred and proposed that the sale will be dealt with by a Transfer of a Going Concern.
Load more

Recommended publications
  • Authorised Memorial Masons and Agents
    Bereavement Services AUTHORISED MEMORIAL MASONS Register Office Redcar & Cleveland Leisure & Community Heart AND AGENTS Ridley Street, Redcar TS10 1TD Telephone: 01642 444420/21 T The memorial masons on this list have agreed to abide by the Redcar and Cleveland Borough Council Cemetery Rules and Regulations for the following cemeteries: Boosbeck, Brotton, Eston, Guisborough, Loftus, Redcar, Saltburn and Skelton. They have agreed to adhere to the Code of Practice issued by the National Association of Memorial Masons (NAMM) and have complied with all our registration scheme requirements. Funeral Directors and any other person acting as an agent should ensure that their contracted mason is included before processing any memorial application. This list shows those masons and the agents through their masons who are registered to carry out work within our cemeteries. Redcar and Cleveland Borough Council does not recommend individual masons or agents or accept any responsibility for their workmanship. Grave owners are reminded that they own the memorial and are responsible for ensuring it remains in good repair. The Council is currently undertaking memorial safety checks and any memorial found to be unsafe or dangerous would result in the owner being contacted, where possible, and remedial action being taken. ` MEMORIAL MASONS Expiry Date Address Telephone Number Abbey Memorials Ltd 31 December 2021 Rawreth Industrial Estate, Rawreth Lane, Rayleigh, Essex SS6 9RL 01268 782757 Bambridge Brothers 31 December 2021 223 Northgate, Darlington, DL1
    [Show full text]
  • 674 Mac Private Uesidents
    674 MAC PRIVATE UESIDENTS. (NORTH AND EAST RIDJNGS l'lcLansborough Joseph Wm. Tile;y, Malcolm Percy S. 3 Holbeck road, Ma.rshall Rev. James McCall M.A. The Poplars, Ooatham, Redcar Scarborough u~ctury, t..roft, Varlingtoa N:cLaren Frederic Donuld, 28 Nor-. Maley Mrs. 24 Scarborough rd. Filey Marshal} A. 5 l::louthcliff rd. Withern- wood; Beverley Malim Rev. "\V. G., B.A. Kilverstone l!ea, .l:l.uH McLa.uchlan J o .. eph, 9 !me;; on terrace, villa, Scalby road, Scarborough Mar.s.bal! AlfreJ, 7 Hemy ~otreet, Linthorpe road, Middlesbrough Malley Horace William R. 2 LindPn Loat.bam, Redcar McLaughlin George, 219 Prospect rd. grove, Linthorpe, Middlesbrough Marshall C.J. 12 Grove Hill rd.Bevrly Scar borough Mallin J oseph James, Ewin house, ..\l.arshall Erskine H. 7 1rafalgar s~. McLean Samuel Moore, 16 Trinity Grove hill, Middlesbrou!rh l::lcarborough road, Bridlington . :Mallin Mrs. J oseph, 85 Douglas ter. Marshall l'. Herbert, West par.-, .M:aclennan Daniel, 2 Brookside, Borough road west, Middle:>brongh \)'est road, Loftus Croydon road, Middlesbrough Mu1linder Rev. Dacre, Scorton,Drlngtn Mar.shall Frederick William, Sherbutt .MacLeod John Farquhar M.B. 71 Mallinson Miss, West lane,Hedon,Hull ho. Napham rd. Pock.lington, York ~ormanby road, South Bank Yallory Geo. The Fields, Nunthorpe M.arshall George, Hmderwell Macleod Mrs.. 8 Newbegin, Beverley Mallory Mrs. 1 Carlton st.Bridlington Marshall J.Terrace ho.Burstwick,Hull McLoughry James Wilson, Avondale, Mallory Mrs. Uppleby, Easingwold Marsh all John, 1'he Poplars, Croh, Thornfield rd. Linthorpe,Middlsbro' Mallory Richard Watson, South side, Da.rlingt-on McMahon Rev.
    [Show full text]
  • Community Conversations: the Responses
    Community Conversations: The Responses August 2018 Hannah Roderick Middlesbrough Voluntary Development Agency Community Conversations March - July 2018 Contents Introduction 1 Who responded? 2 How did they respond? 6 Question one 7 What is life like in Middlesbrough for you and your family? Question two 11 What could be done to improve life in Middlesbrough For you, your family and others around you Question three 19 What could your role in that be? Question four 22 What would help you to do this? Question five 25 How would we know that things were improving for people in Middlesbrough? Next steps 30 2 Community Conversations March - July 2018 Introduction This report brings together the initial analysis of the responses from the Middlesbrough Community Conversations, that were hosted between March - July 2018. Volunteers or staff members from 42 different voluntary and community organisations (VCOs) asked people in their communities to answer five questions: 1. What is life like in Middlesbrough for you and your family? 2. What could be done to improve life in Middlesbrough For you, your family and others around you 3. What could your role in that be? 4. What would help you to do this? 5. How would we know that things were improving for people in Middlesbrough? 3 Community Conversations March - July 2018 Who responded? In the period March to June, the 42 VCOs spoke to 1765 people, from across all the Middlesbrough postcode areas. From May to July, members of the public, Councillors and Middlesbrough Council employees were also invited to host conversations. This resulted in a further 110 responses.
    [Show full text]
  • Middlesbrough Events Centre to Let
    MIDDLESBROUGH EVENTS CENTRE TO LET 234-254 Linthorpe Road, Middlesbrough TS1 3QP sw.co.uk Location The subject property is situated in a prominent position in the centre of Linthorpe Road, within Middlesbrough Town Centre. Linthorpe Road is well known for its retail and leisure trade and is of course situated directly opposite the Teesside University main campus. Middlesbrough is located in the North East of England and is a key urban centre in the Tees Valley region. Middlesbrough is a large town with industrial roots and is well known as a digital and creative hub within Tees Valley. Middlesbrough sits within a 90 minute drive of cities including Newcastle, York and Leeds. There are a number of daily direct rail connections to Newcastle, York, Leeds and Manchester, with Virgin Trains East Coast having made a commitment to invest in Middlesbrough by creating a new direct rail link to London by 2020. The surrounding area comprises a mix of both leisure and retail operators accommodating predominantly local operators. William Hill, Iceland, Tesco Express and Ladbrokes are all in close proximity. Description The property comprises a ground floor lobby/entrance with first floor entertainment hall accompanied with ancillary storage, offices and WC facilities. The unit benefits from being situated on a corner plot with access secured via electric roller shutter doors and a built in intercom system. There is a car parking provision to the rear elevation where deliveries can also be accommodated. The main entertainment hall also benefits from a floor to ceiling height of circa 6 metres. Lease Terms The premises are available by way of a new effective Full Repairing and Insuring lease via service charge for a term of years to be agreed.
    [Show full text]
  • Kendal Court, Grove Hill, Middlesbrough, TS4 2SY Offers Over: £30,000
    Kendal Court, Grove Hill, Middlesbrough, TS4 2SY Chain Free in Grove Hill with Sensible Offers Invited | One Bedroom Top Floor Flat | Ideal for First Time Buy/Investment | Well Presented Enclosed Garden to Rear | Allocated Parking Space | Close to James Cook Hospital and Road Networks | EPC Rating D Offers Over: £30,000 Kendal Court, Grove Hill, Middlesbrough, KITCHEN TS4 2SY 3.0m (9' 10") x 2.35m (7' 9") Fitted wall, drawer and base units with a marble Hunters offer FOR SALE a CHAIN FREE, top floor effect, work top surface incorporating a stainless flat in Grove Hill, Middlesbrough. Located close to steel sink and drainer unit with mixer tap. Gas James Cook University Hospital and to good cooker and fridge freezer (included) and plumbing transport networks. The property briefly for washing machine. Double glazed window to comprises: front and a double panelled radiator. Ground Floor Entrance with Staircase to top floor level, Hallway, Lounge, Kitchen, Double Bedroom BEDROOM and Bathroom. 4.37m (14' 4") x 2.65m (8' 8") A double bedroom with double glazed window to Benefited by gas central heating (combi boiler), front and a single panelled radiator. Built-in over- double glazing, fully enclosed garden to rear and an stairs storage cupboard (well recessed with hanging allocated parking space to front. rail). Not directly overlooked. The accommodation is well presented and offers a 106 year lease. Charges are currently £6.74 per calendar month. Viewings are highly recommended. Please call Hunters, Teesside. ENTRANCE Private entrance to ground floor hallway with two storage cupboards and a uPVC door to rear garden.
    [Show full text]
  • Councillor Submissions to the Middlesbrough Borough Council Electoral Review
    Councillor submissions to the Middlesbrough Borough Council electoral review. This PDF document contains 9 submissions from councillors. Some versions of Adobe allow the viewer to move quickly between bookmarks. Click on the submission you would like to view. If you are not taken to that page, please scroll through the document. Cllr Bernie Taylor Middlesbrough Council Town Hall Middlesbrough TS1 2QQ The Local Government Boundary Commission for England, Layden House 76-86 Turnmill Street London EC1M 5LG To the members and officers of the Commission, Having seen the Draft Recommendations for Middlesbrough which you have produced, I would like to thank you for the time and effort you no doubt spent on the plans. I would, however, like to draw your attention to a small row of houses whose residents I feel would be better served in the Newport Ward which you propose. I would also like to request that the name of the proposed Ayresome ward be changed to Acklam Green to reflect the local community and provide a clearer identity for the ward. There is a street of around fifteen properties whose residents would be better served if they were part of the proposed Newport ward. The houses run along the south side of Stockton Road – known colloquially as the ‘Wilderness Road.’ This road is cut off from the rest of the Aryesome ward by the A66 and isolated from the mane population centre of the proposed Aryesome ward by the Teesside Park Leisure complex. However, Stockton Road is easily accessed from the proposed Newport Road as the road travels under the A19 flyover.
    [Show full text]
  • Middlesbrough Bus Station
    No Public Services Until 2200 Only: 10, 13, 13A, 13B, 14 Longlands, Linthorpe, Tollesby, West Lane Hospital, James Cook University Hospital, Easterside, Marton Manor, Acklam, Until 2200 Only: 39 Trimdon Avenue, Brookfield, Stainton, Hemlington, Coulby Newham North Ormesby, Berwick Hills, Park End Until 2200 Only: 12 Until 2200 Only: 62, 64, 64A, 64B Linthorpe, Acklam, Hemlington, Coulby Newham North Ormesby, Brambles Farm, South Bank, Low Grange Farm, Teesville, Normanby, Bankfields, Eston, Grangetown, Dormanstown, Lakes Estate, Redcar, Ings Farm, New Marske, Marske No Public Services Until 2200 Only: X3, X3A, X4, X4A Until 2200 Only: 36, 37, 38 Dormanstown, Coatham, Redcar, The Ings, Marske, Saltburn, Skelton, Newport, Thornaby Station, Stockton, Norton Road, Norton Grange, Boosbeck, Lingdale, North Skelton, Brotton, Loftus, Easington, Norton, Norton Glebe, Roseworth, University Hospital of North Tees, Staithes, Hinderwell, Runswick Bay, Sandsend, Whitby Billingham, Greatham, Owton Manor, Rift House, Hartlepool No Public Services Until 2200 Only: X66, X67 Thornaby Station, Stockton, Oxbridge, Hartburn, Lingfield Point, Great Burdon, Whinfield, Harrowgate Hill, Darlington, (Cockerton, Until 2200 Only: 28, 28A, 29 Faverdale) Linthorpe, Saltersgill, Longlands, James Cook University Hospital, Easterside, Marton Manor, Marton, Nunthorpe, Guisborough, X12 Charltons, Boosbeck, Lingdale, Great Ayton, Stokesley Teesside Park, Teesdale, Thornaby Station, Stockton, Durham Road, Sedgefield, Coxhoe, Bowburn, Durham, Chester-le-Street, Birtley, Until
    [Show full text]
  • Middlesbrough Pharmacy List
    M1: Middlesbrough Central 1 Cohens Chemist, North Ormesby A Westbourne Medical Centre Update July 2018 - closure 2 Your local Boots Pharmacy, Ormesby B Resolution Health Centre - CLOSED 31.3.18 5 Boots UK, 455 Linthorpe Road C Kings Medical Centre Update October 2020 – Supplementary Statement Your local Boots Pharmacy, One Life – CLOSED 6 25.4.20 D Hirsel Medical Centre Oakfield Medical Practice (now part of 7 Boots, Cleveland Centre E Linthorpe Surgery) 8 Riverside Pharmacy, Riverside Park F Crossfell Health Centre 9 Your local Boots Pharmacy, 4 Kings Road G Thorntree Surgery 10 Palladium Pharmacy, Eastbourne Road H Newlands Medical Centre 12 Rowlands Pharmacy, Borough Road I Borough Road & Nunthorpe Medical Group 13 LloydsPharmacy, Ormesby J Park Surgery 16 LloydsPharmacy, Linthorpe Road (100 hour) K Park Surgery, North Ormesby branch 18 A C Moule & Co, Parliament Road L The Erimus Practice 19 Well Pharmacy, Cleveland Centre M The Endeavour Practice 20 Martonside Pharmacy, Martonside Way N The Discovery Practice 21 Crossfell Pharmacy, Berwick Hills O Prospect Surgery 22 Hunters Pharmacy, Linthorpe Road P Foundations Practice, Harris Street Branch 23 Pharmacy Express, Linthorpe Road Q Linthorpe Surgery 25 Victoria Chemist, Victoria Road (100 hour) R Village Medical Centre 27 Whitworth Chemists, Thorntree V Martonside Medical Centre 29 Your Family Pharmacy, Linthorpe Road (100 hour) Update December 2019 – Supplementary Statement The Linthorpe Pharmacy, Riverside Park (NEW 31 distance selling pharmacy – opened 1.3.19) M2: Middlesbrough
    [Show full text]
  • Linthorpe Road Phase 1 Summary
    Contents 1. Introduction 3 2. Background 4 3. The Solution 5 4. Next Steps 8 5. Appendices 9 2 LCWIP Linthorpe Road (Phase 1) 1. Introduction The Tees Valley Strategic Transport Plan sets out our ambition to deliver a world- class transport system in Tees Valley, ensuring integration between different transport modes. We need to make it easier for people to cycle and walk, particularly for shorter journeys and to connect into the wider transport system. The Tees Valley Cycling and Walking Implementation Plan explains our strategy for cycling and walking in further detail. The Government has recently released a document titled Gear Change: A bold vision for walking and cycling. It sets out the Government’s ambition to see a major increase in cycling and walking over the coming years. Following the Governments ambitions to increase the uptake of cycling, Middlesbrough Council, in conjunction with Tees Valley Combined Authority, have successfully gained funding from the Active Travel Fund to develop infrastructure along 2 key corridors in the region. The corridors were selected following analysis, which identified the areas with the greatest potential to achieve the ambitions of increasing cycle uptake. In Middlesbrough, this was identified as the Linthorpe Road corridor. The benefits of cycling are widely noted and are seen as a key means to reduce the congestion and associated problems that reliance upon the private car has created. Making significant improvements to the available infrastructure will help to: • Improve safety • Create
    [Show full text]
  • Middlesbrough – 42 Linthorpe Road
    MIDDLESBROUGH – 42 LINTHORPE ROAD PROMINENT WELL-CONFIGURED RETAIL UNIT TO LET IN CENTRAL TOWN CENTRE LOCATION DIRECTLY OPPOSITE MAIN ENTRANCE TO MARKS & SPENCER SITUATED BETWEEN MILLETS & HILLIER JEWELLERS WITH OTHER RETAILERS NEARBY INCLUDING ANN SUMMERS, TONI & GUY, SANTANDER, LAURA ASHLEY, THE BODY SHOP AND NEXT ____________________________________________________________________________________________________ LOCATION Middlesbrough is a major north eastern retail centre with a catchment in excess of 600,000 persons within 20km of the town centre (Focus). The subject premises are situated in the pedestrianised section of Linthorpe Road opposite the entrance to Marks & Spencer and also the Hills Street Shopping Centre, which is anchored by Debenhams and Primark. Other multiple retailers nearby include H Samuel, Laura Ashley, The Body Shop, Next, Toni & Guy and Caffe Nero. THE PROPERTY RATES The premises are arranged over ground, first and second floor levels offering the following approximate We are verbally informed by the Local Rating Authority dimensions and net internal floor areas:- that the premises in its existing configuration have been assessed for rating purposes as follows:- Gross Frontage - 7.29 m 23' 11" Net Frontage - 5.82 m 19' 01" Rateable Value - £66,500 Internal Width - 6.83 m 22' 05" UBR (2011/2012) - 43.3p Shop Depth (max) - 30.87 m 101' 03" Rates Payable (2011/2012) - £28,795 Ground Floor Sales - 192.77 m² 2,075 sq.ft. First Floor Ancillary - 73.11 m² 787 sq.ft. Interested parties are advised to make their own enquiries to the Second Floor Ancillary - 82.87 m² 892 sq.ft. Local Authority. NB. The landlord may consider letting the ground floor in isolation subject to the upper parts being converted to residential.
    [Show full text]
  • Middlesbrough Flyer
    SPECIALIST STOP SMOKING SERVICE SESSIONS Middlesbrough 2015 West Middlesbrough Children's Centre Monday Stainsby Road, Whinney Banks, 13.00 - 15.00pm Middlesbrough, TS5 4JS Lifestore Tuesday 10-12 Central Mall, The Mall, 10.00am - 14.00pm Middlesbrough TS1 2NR Community Hub 13.00 - 14.30pm Wednesday Grove Hill, Bishopton Road, Middlesbrough, TS1 3JR Abingdon Children's Centre 13.00 - 15.00pm Thursday Abingdon Road, Middlesbrough, TS1 3JR Community Hub 9.30am - 11.00am Friday Birkhall Road, Thorntree TS3 9JW Life Store Saturday 10-12 Centre Mall, The Mall, 10.00am - 12 noon Middlesbrough TS1 2NR GP PRACTICE STOP SMOKING SUPPORT Stop Smoking Support is also available from many GP practices - to find out if your GP practice provides this support, please contact the Specialist Stop Smoking Service on 01642 383819. No appointment needed for the above Specialist Stop Smoking Sessions. Please note that clients should arrive at least 20 minutes before the stated end times above in order to be assessed. Clinics are subject to changes - to confirm availability please ring the Specialist Stop Smoking Service on 01642 383819. Alternatively, if you have access to the internet, S L please visit our website 5 1 / 1 d for up-to-date stop smoking sessions: e t a d p www.nth.nhs.uk/stopsmoking u Middlesbrough Redcar & Cleveland t Middlesbrough Redcar & Cleveland s Stockton & Hartlepool a Stockton & Hartlepool L PHARMACY ONE STOP SHOPS Middlesbrough AC Moule & Co Pharmacy *P PJ Wilkinson Chemist 55 Parliament Road 273a Acklam Road Acklam Middlesbrough TS1
    [Show full text]
  • Middlesbrough – 40 Linthorpe Road
    MIDDLESBROUGH – 40 LINTHORPE ROAD PROMINENT WELL-CONFIGURED RETAIL UNIT TO LET IN CENTRAL TOWN CENTRE LOCATION SITUATED ADJACENT TO TRESPASS AND CLOSE TO POUNDWORLD, DEBENHAMS, MARKS & SPENCER, ANN SUMMERS, TONI & GUY, SANTANDER AND NEXT ___________________________________________________________________________________________ LOCATION Middlesbrough is a major north eastern retail centre with a catchment in excess of 600,000 persons within 20km of the town centre (Focus). The subject premises are situated in the pedestrianised section of Linthorpe Road opposite the entrance to Marks & Spencer and also the Hills Street Shopping Centre, which is anchored by Debenhams and Primark. The property is situated adjacent to Trespass and other multiple retailers nearby include H Samuel, Laura Ashley, The Body Shop, Next, Toni & Guy, Poundworld and Caffé Nero. THE PROPERTY RATES The premises are arranged over ground and first We are informed by the Local Rating Authority that and second floor levels offering the following the premises, in its existing configuration, have approximate dimensions and net internal floor been assessed for rating purposes as follows:- areas:- Rateable Value - £28,250 Internal Width - 5.95 m 19' 06" UBR (2018/2019) - 48.0p Shop Depth (max) - 27.95 m 91' 08" Ground Floor Sales - 158.59 m² 1,707 sq.ft. Rates payable may be subject to transitional relief and First Floor Ancillary - 63.27 m² 681 sq.ft. interested parties are advised to make their own Second Floor Ancillary - 65.13 m² 701 sq.ft. enquiries to the Business Rates Department of at Middlesbrough Council – Tel: 01642 726 007 TERMS COSTS The premises are available to let by way of a new Each party is to be responsible for their own legal full repairing and insuring lease for a term to be agreed subject to upward only rent reviews at the and surveyors costs incurred in the transaction.
    [Show full text]