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25-27 Newport Rd 5,629 SF Retail Building Middlesbrough TS1 1LE $626,686 CAD ($111.33 CAD/SF)

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INVESTMENT HIGHLIGHTS

Freehold Retail Investment
Part let to Specsavers Optical Superstores Limited
Comprises approximately 852.36 sq m (9,175 sq ft)
Investment let at £57,000 pa (16.76% on Guide Price)

Comprises a substantial building arranged as two shops and ancillary upper parts
Part let on a new 5 year lease from 2025 to TTA G2 Fireworks
Close to main entrance of Hill Street Shopping Centre

EXECUTIVE SUMMARY

Lot 118 is available by way of Savills Online Auction 5th November 2025
The property comprises a substantial three storey building arranged as two shops with ancillary upper parts.

Marketing Brochure/Flyer

PROPERTY FACTS Under Contract

Sale Type

Investment

Sale Condition

Auction Sale

Property Type

Retail

Tenure

Freehold

Property Subtype

Storefront

Building Size

5,629 SF

Building Class

Year Built

1950

Price

$626,686 CAD

Price Per SF

$111.33 CAD

Tenancy

Single

Building Height

3 Stories

Building FAR

0.80

Lot Size

0.16 AC

Frontage

34’ on Newport Rd

Security System

Automatic Blinds

Storage Space

Air Conditioning

MAJOR TENANTS

-
3,500 SF
-
-

Founded in 1984, Specsavers has been a family-run business for decades, working together with their store partners to provide the best value optometry, audiology and other healthcare service for their customers. Specsavers has offices and retail locations internationally employ tens of thousands of people.