Unit 12 Newton Mall, Cleveland Centre, Middlesbrough - Picture 2023-12-14-13-31-48
To Let
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Unit 12 Newton Mall

Cleveland Centre, Middlesbrough, TS1 2LS

Size
684sq ft
Rent pa
£10,000
Market Sector
Shopping Centre

Prime shop/catering unit to let on new lease with potential mall seating

Providing c. 400,000 sq.ft of retailing, The Cleveland Centre is Middlesbrough's largest shopping centre and benefits from a dedicated 600 space car park.

Major tenants include Boots, JD Sports, New Look and WH Smith. The diverse tenant mix includes quality national retailers such as Lush, Vision Express and Holland & Barrett.

The subject property occupies a good location between Costa Coffee and Linthorpe Road, close to Poundland, Teesside Pharmacy and HMV.

Location

Middlesbrough is a major north east conurbation situated 39 miles south of Newcastle and 10 miles east of Darlington. It is the principal shopping centre of Teesside (2011 Census Population in excess of 376,000).

Key Information

Lease Type

New Lease

Lease Term

The premises are offered on a new effective FRI lease for a term to be agreed, subject to upward only rent reviews every 5 years.

Accommodation

684 Sq.Ft/63.50 m²

The premises comprise the following approximate dimensions and net floor areas:-

AreasSq.Ftm²
Ground Floor Sales68463.5
First Floor Ancillary23621.9

Rent

DateRent
2023-12-01£10,000

Financial Details

Rent

£10,000 per annum exclusive of rates and service charge.

Rent Review

5 years

Service Charge

We understand the 2023/24 budget is £7,569.17.

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Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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