Partner Article
Middlesbrough Art Gallery to be reborn as student apartments
The Victorian property which housed the Middlesbrough Art Gallery is set to be transformed into a development of seven student apartments.
The three storey building, situated at 320 Linthorpe Road, sits directly opposite Albert Park and is a quarter of a mile south of Middlesbrough town centre.
Dacres Commercial sold the 5,532 sq ft property, which entered the market for over £400k, for £420k to SAS Teesside, a provider of student accommodation across the Teesside area.
Matthew Brear from Dacres Commercial said: “This is a prominent building in a sought after area that lent itself to a wide range of development opportunities.
“As a result, it attracted plenty of interest. SAS Teesside plans will breathe new life into the building, by creating a high quality student accommodation scheme, which is just a few minutes walk from Teesside University.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
What does NPPF mean for site price and planning gain?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines