Offers in region of
£1,500,000
Property for saleMiddlesborough TS1
Freehold
About this property
Description
The property comprises a former Debenhams department store, currently configured for multi-level retail use and arranged over six floors
Originally constructed as a hotel, the building was converted to a department store in 1912 and retains a number of attractive period construction features Further additions and alterations to the upper floors were undertaken from the 1960s onwards.
Internally, the property is fitted out in a traditional department store layout, providing largely open-plan retail accommodation arranged around a central service core, offering flexibility for reconfiguration or redevelopment.
Additional Information
Planning & Development Potential
Middlesbrough town centre falls under the jurisdiction of the Middlesbrough Development Corporation, established with the overarching aim of driving town centre regeneration. Their focus is on delivering sustainable commercial development, vibrant neighbourhoods, and enhanced amenity space.
Discussions with both Middlesbrough Borough Council and the Mayoral Development Corporation indicate strong support for the revitalisation of the property, including potential change of use, subject to the necessary planning consents.
The building is considered suitable for a variety of alternative uses, including:
This represents a rare opportunity to repurpose a landmark town centre building within a proactive regeneration environment.
The property comprises a former Debenhams department store, currently configured for multi-level retail use and arranged over six floors
Originally constructed as a hotel, the building was converted to a department store in 1912 and retains a number of attractive period construction features Further additions and alterations to the upper floors were undertaken from the 1960s onwards.
Internally, the property is fitted out in a traditional department store layout, providing largely open-plan retail accommodation arranged around a central service core, offering flexibility for reconfiguration or redevelopment.
Additional Information
Planning & Development Potential
Middlesbrough town centre falls under the jurisdiction of the Middlesbrough Development Corporation, established with the overarching aim of driving town centre regeneration. Their focus is on delivering sustainable commercial development, vibrant neighbourhoods, and enhanced amenity space.
Discussions with both Middlesbrough Borough Council and the Mayoral Development Corporation indicate strong support for the revitalisation of the property, including potential change of use, subject to the necessary planning consents.
The building is considered suitable for a variety of alternative uses, including:
Ground Floor: Retail and/or leisure uses
Upper Floors: Residential apartments, student accommodation, offices, hotel or serviced apartments
This represents a rare opportunity to repurpose a landmark town centre building within a proactive regeneration environment.
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Monthly repayment
£7,503 per month
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