FOR SALESUITABLE FOR A VARIETY OF USESFORMERDEBENHAMSDEPARTMENTSTORE

LINTHORPE ROAD / NEWPORT ROAD MIDDLESBROUGH TS1 1LE

FOR SALE BY KROLL ADVISORY LTD ACTING AS LPA RECEIVERSPRIME TOWN CENTRE OPPORTUNITY
71,079 SQ FT (GIA)
PROPERTY SUITABLE FOR A VARIETY OF USES
MAYORAL DEVELOPMENT CORPORATION TO
ASSIST AND SUPPORTSEEKING OFFERS IN EXCESS OF £1,200,000
ULTRA-LOW CAPITAL VALUE OF £16.90 PSF

LINTHORPE ROAD / NEWPORT ROAD MIDDLESBROUGH TS1 1LE2FORMERDEBENHAMSDEPARTMENTSTOREBus Station
The Hillstreet
Shopping Centre

Captain Cook
Square Centre

Cleveland Centre

Dundas
Shopping Centre

Newport Road
Linthorpe Road

A66

Train Station
M90

EDINBURGH

GLASGOW

M77

M8

M74

A74(M)

NEWCASTLE
UPON TYNE

LOCATION
Middlesbrough is the principal retail and service centre within
the Teesside conurbation and lies approximately 10 miles east ofDarlington, 20 miles south east of Durham and 15 miles north eastof Northallerton. Major employers in the town include University ofTeesside, St Lukes Hospital, PD Ports, Tees Navigation Company,and Middlesbrough Development Corporation.
The town has excellent links to the UK road network via the A66,
which forms the town’s inner ring road and also is the Tees Valley
link road connecting to the A1(M) and national motorway network,
19 miles to the west.

CARLISLE

A1(M)

M6

MIDDLESBOROUGH

Rail services to London Kings Cross are available with a fastest
journey time of c. 3 hours, with regular services to Newcastle inc. 1 hour and Leeds in 90 minutes.
Middlesbrough’s Durham-Tees Valley Airport is located 12 miles
to the south west and Newcastle Airport is located 39 miles tothe north. Both provide regular flights to domestic and Europeandestinations.

A1(M)LANCASTER

YORK

M6
M58

BRADFORD

HULL

M62
M62

M1

MANCHESTER

A1LIVERPOOL

M53 M56

M1 80

A1(M)
SHEFFIELD

M1M6

A1

CREWE

LINCOLNSTOKE-ON-TRENT

A38

A50

NOTTINGHAM

DERBY

M6

A1A38

M54

WOLVERHAMPTON

LINTHORPE ROAD / NEWPORT ROAD MIDDLESBROUGH TS1 1LE

LEEDS

BIRMINGHAM

M42

A42
M42
M6

LEICESTER

A1 (M )

M69

COVENTRYNORWICHPETERBOROUGH

3A14NORTHAMPTONA14OBERHAUSEN MALL
VAUGHAN STREETL IN T H O RP E R OA DJOHNSON STREETNEWPORT ROADSITUATION
The property is located in the heart of Middlesbrough’s prime retail core at the intersection ofLinthorpe Road and Newport Street. The three main shopping centres for the town surroundthe subject property. National retailers within close proximity to the subject property include
Next, Tesco, Boots, Sports Direct and Café Nero.
The property has a direct entrance from the Hill Street Centre where current occupiers include;
Boots, Burger King, Home Bargains, Greggs, O2, Primark, Superdrug & Trespass.

PARK STRE ET

LINTHORPE ROAD / NEWPORT ROAD MIDDLESBROUGH TS1 1LE

The Cleveland Centre is situated in close proximity to the subject property were occupiers
include, Costa, Iceland, JD Sports, Lush, New Look, Vodaphone & WH Smith. Capitan Cook
Square, has recently opened Level X, a state of the art family entertainment centre which features;indoor karting, crazy golf and bowling, in addition to retail occupiers; Poundland, Waterstones
and Wilko.
Teesside University is a short walk to the south which has over 20,000 full and part time students
engaged in a wide-ranging array of faculties.
4

DESCRIPTION
The property comprises a former Debenhams
department store and is currently configured for
multi-level retail sales.
The property is arranged over six floors andcomprises a GIA of 71,079 square feet.

LINTHORPE ROAD

The property was originally a Hotel, becoming adepartment store in 1912. The property is in a French
Baroque style, faced with grey ornate masonry, thecorner façade is emphasised by a single casement
window with elaborate architrave to the first floor
and windows divided by ionic column pilasters tothe second floor.
The third floor is a 1960s addition, with a roof area
containing ancillary areas and plant above.
Internally the property is fitted out as a department
store with open plan retailing around a service core.
Floor plans are available upon request.

N E W P O RT R OA D
FOURTH (ROOF)

THIRD

SECONDFIRSTGROUNDBASEMENT

LINTHORPE ROAD / NEWPORT ROAD MIDDLESBROUGH TS1 1LE

5

REGENERATION
Middlesbrough town centre falls under the jurisdiction of the Middlesbrough Development
Corporation (teesvalley-ca.gov.uk/about/mayoral-development-corporation/) which has been
formed with the overarching goal to transform Middlesbrough, through driving investment andcutting red tape
Their focus is town centre regeneration, encouraging businesses back into the centre, reducing
shop vacancy rates, building new, high-quality housing, and creating a place where people willaspire to live, work and play.
They are actively looking to work with local stakeholders to create sustainable commercial
developments, thriving neighbourhoods and valued amenity space.
Displaying the best practice in social and environmental design, the Development Corporation
will seek to create an environment which respects key local assets and delivers new, high-quality
developments alongside the historic fabric of Middlesbrough.
The Development Corporation are keen to engage with the future owners of the subject property
and are prepared to support them in breathing life back into the subject property.

BUSINESS RATESThe property has a rateable value of £236,000.

ASSET MANAGEMENT
We believe the property is suitable for a variety of differentuses.
We have discussed the property at length with decision
makers at both Middlesbrough Borough Council and theMayoral Development Corporation who are very supportiveof revitalising the property and would be supportive of any
change of uses. Subject to statutory planning laws.
We believe the ground floor would lend itself to both retail andleisure uses with the upper floors being suitable to conversion
to apartments, student residential, office or a hotel/serviced
apartments.
The subject property occupies a highly prominent position in
the prime retail and leisure area of the town and benefits fromheavy footfall throughout the daytime and evening.
LINTHORPE ROAD / NEWPORT ROAD MIDDLESBROUGH TS1 1LE

6

FLOOR PLANSSQ M

SQ FTBasement

1,15412,422

Ground Floor

1,803

19,408First Floor

1,145

12,325

Second Floor

1,15112,390

Third Floor

1,15112,390

Fourth Floor

199.2

2,144

6,603.2

71,079TOTALBASEMENTBASEMENTSECOND FLOORSECOND

LINTHORPE ROAD / NEWPORT ROAD MIDDLESBROUGH TS1 1LE

GROUND FLOOR

THIRD FLOORGROUND

THIRD

FIRST FLOORFIRSTFOURTH FLOOR (ROOF)

ROOF
7FOR SALE
SUITABLE FOR A VARIETY OF USESTENUREPROPOSAL

The property is held freehold. A copy of the title isavailable upon request.

We are instructed to seek offers in the region of£1,200,000. This will show a very low capital valueof £16.90 psf.

EPC
The property does not currently have an EPC.
Interested parties will be responsible for this postacquisition.

For further information or to arrange aninspection, please contact.

BEN HALLbh@northcap.co.uk
07855 814 516

LUKE SYMONDS
ls@northcap.co.uk
07852 229 433

FOR SALE BY KROLL ADVISORY LTD ACTING AS LPA RECEIVERSDISCLAIMER PROPERTY DETAILS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements orrepresentation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. We have not carried out a detailed survey nor tested the services, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings.
The measurements given are approximate. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. July 2023