Guisborough investment property reduced in price

16 April 2019

Teesside independent commercial property consultancy Dodds Brown has reduced the price of an investment property in Guisborough.

Prominently located in the town centre, 13 Market Place, Guisborough, TS14 6BN, is a 4,000 sq ft office building, with a vacant ground floor, and first floor let to DTW Ltd, achieving an annual rent of £12,000.

Directly to the east of the main building is a plot of land, earmarked as a potential development site, which extends to 0.33 acres.  The site overlooks Guisborough Priory, as well as the Dovecote Building.

“13 Market Place is a former banking hall and good looking building centrally located in Guisborough’s Market Place.  It is a good opportunity either for an investor or an owner occupier, as the ground floor is immediately available is presently vacant.  We’ve reduced the price to create more interest,” says selling agent and Dodds Brown Partner Richard Brown.

The ground floor is available to let at a rental of £18,000 per annum.  Alternatively, freehold offers are invited based on £375,000 for the whole site, or £50,000 for the land only.

Further information is available from Richard Brown on tel. 01642 244130 or via http://www.doddsbrown.co.uk/property.asp?PropertyID=778