Unit 94a Middleton Grange Shopping Centre Hartlepool County Durham TS24 7RZ

  • Unit 94a<br>Middleton Grange Shopping Centre<br>Hartlepool<br>County Durham<br>TS24 7RZ

Unit 94a
Middleton Grange Shopping Centre
Hartlepool
County Durham
TS24 7RZ

Town Centre Retail Opportunity within Popular Shopping Centre

  • Retail Unit located within Middleton Grange Shopping Centre
  • Approximately 638.05 sq. m. (6,867 sq. ft.) over ground and first floors
  • Asset Management Opportunity with Occupier Interest
  • Nearby retailers include Primark, Specsavers, Boots Opticians, H&M, JD Sports, McDonalds, Bodycare and Sports Direct
  • Lot
    33
  • Auction
    13th December 2023
  • Vacant Possession
  • Status
    Sold
  • Price
    £37,000
  • Auction Venue
    Live Streamed Auction
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Town Centre Retail Opportunity within Popular Shopping Centre

  • Retail Unit located within Middleton Grange Shopping Centre
  • Approximately 638.05 sq. m. (6,867 sq. ft.) over ground and first floors
  • Asset Management Opportunity with Occupier Interest
  • Nearby retailers include Primark, Specsavers, Boots Opticians, H&M, JD Sports, McDonalds, Bodycare and Sports Direct
  • Lot 33
  • Auction 13th December 2023
  • Vacant Possession
  • Status Sold
  • Price £37,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
17 miles south-east of Durham, 20 miles north-east of Darlington
Roads
A19, A179, A689
Rail
Hartlepool Railway Station
Air
Durham Airport
Situation

Hartlepool is a port town and administrative centre of County Durham, approximately 17 miles south-east of Durham and 20 miles north-east of Darlington. The property is located within the heart of the Middle Grange Shopping Centre in a prominent position within Hartlepool, and is considered the major shopping destination for the area. Other retailers within the centre include Primark, Specsavers, Boots Opticians, H&M, JD Sports, McDonalds, Bodycare and Sports Direct.

Tenure

Long Leasehold. Long Leasehold. Held for a term expiring 25th February 2069 at a peppercorn rent.

Location
Miles
17 miles south-east of Durham, 20 miles north-east of Darlington
Roads
A19, A179, A689
Rail
Hartlepool Railway Station
Air
Durham Airport
Situation

Hartlepool is a port town and administrative centre of County Durham, approximately 17 miles south-east of Durham and 20 miles north-east of Darlington. The property is located within the heart of the Middle Grange Shopping Centre in a prominent position within Hartlepool, and is considered the major shopping destination for the area. Other retailers within the centre include Primark, Specsavers, Boots Opticians, H&M, JD Sports, McDonalds, Bodycare and Sports Direct.

Tenure

Long Leasehold. Long Leasehold. Held for a term expiring 25th February 2069 at a peppercorn rent.

Description

The property comprises a retail unit arranged over ground and first floors. The unit benefits from a prominent entrance inside the Middleton Grange Shopping Centre as well as from Victory Square.

VAT

VAT is applicable to this lot.

Planning

Hartlepool Borough Council has secured £13.8m from the governments Town Deal which was approved to be spent on the remodelling of Middleton Grange Shopping Centre by the Council’s Finance and Policy Committee in August 2022. The project is aiming for completion by March 2026 and is currently at the design stage. Further details available at www.hartlepool.gov.uk

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a retail unit arranged over ground and first floors. The unit benefits from a prominent entrance inside the Middleton Grange Shopping Centre as well as from Victory Square.

VAT

VAT is applicable to this lot.

Planning

Hartlepool Borough Council has secured £13.8m from the governments Town Deal which was approved to be spent on the remodelling of Middleton Grange Shopping Centre by the Council’s Finance and Policy Committee in August 2022. The project is aiming for completion by March 2026 and is currently at the design stage. Further details available at www.hartlepool.gov.uk

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m		 Floor Areas
Approx sq ft		 Possession
Ground
First		 Retail
Ancillary
481.09
156.96
(5,178)
(1,689)
 VACANT POSSESSION
Total Approximate
Floor Area		  
638.05
(6,867)
(1)
  

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
DLS Law Gloucester House, 399 Silbury Blvd
Milton Keynes
MK9 2AH
Maninder Rupal 01908 924 200maninder.rupal@dls-law.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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