Property photos
From
£99,950
(£72.69/sq. ft)
Retail premises for sale
Middle Street, Hartlepool TS271,375 sq. ft
Local area information
Property location
Nearby amenities
Features and description
- Fully Let Mixed Use Investment opportunity
- Passing rent of £11,160 per annum
- Ground Floor Shop Let to Hairdresser
- 1no. Flat on AST
- Floor Area 127.82 m2 (1,375 sq ft)
- Gross Yield 11.16%
Opportunity
Bradley Hall is delighted to be appointed to market this neighbourhood mixed use retail/residential property located within Blackhall. This opportunity is for a fully let, high yielding investment with asset management opportunities to increase value.
Location
The block is located within Blackhall, just a short distance from Hartlepool, a district within County Durham. The property benefits from being situated on the busy A1086, linking Hartlepool and Peterlee.
Description
The building is a terraced block of brick construction beneath a pitched slate roof.
To the ground floor comprises a ground floor lock up retail unit, neighbouring a travel agent, charity shop and retail/office use for a charity operation. The ground floor retail unit benefits from front sales area, with storage/kitchen and w/c to the rear and has 3 phase power.
The first floor comprises a 1-bedroom flat comprising kitchen, living room, storage and w.c and in good condition.
Accommodation
48 Middle Street, Blackhall, TS27 4EA 71.82 m2 (773 sq ft)
48A Middle Street, Blackhall, TS27 4EA 56.00 m2 (602 sq ft
127.82 m2 (1375 sq ft)
Investment details
The passing rent is £11,160 per annum. Grace Hair Salon occupy under lease which is holding over.
The tenant of the first floor flat occupies on an Assured Shorthold Tenancy.
A sale at the asking price reflects a gross yield of 11.16%.
Tenure
The properties are to be sold freehold.
Asking price
We are instructed to invite offers of £99,950 for our client’s interest.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall on this basis, and where silent, offers will be deemed net of VAT.
Legal costs
Each party is to bear their own legal costs involved in the transaction.
Anti-money laundering regulations
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
Bradley Hall is delighted to be appointed to market this neighbourhood mixed use retail/residential property located within Blackhall. This opportunity is for a fully let, high yielding investment with asset management opportunities to increase value.
Location
The block is located within Blackhall, just a short distance from Hartlepool, a district within County Durham. The property benefits from being situated on the busy A1086, linking Hartlepool and Peterlee.
Description
The building is a terraced block of brick construction beneath a pitched slate roof.
To the ground floor comprises a ground floor lock up retail unit, neighbouring a travel agent, charity shop and retail/office use for a charity operation. The ground floor retail unit benefits from front sales area, with storage/kitchen and w/c to the rear and has 3 phase power.
The first floor comprises a 1-bedroom flat comprising kitchen, living room, storage and w.c and in good condition.
Accommodation
48 Middle Street, Blackhall, TS27 4EA 71.82 m2 (773 sq ft)
48A Middle Street, Blackhall, TS27 4EA 56.00 m2 (602 sq ft
127.82 m2 (1375 sq ft)
Investment details
The passing rent is £11,160 per annum. Grace Hair Salon occupy under lease which is holding over.
The tenant of the first floor flat occupies on an Assured Shorthold Tenancy.
A sale at the asking price reflects a gross yield of 11.16%.
Tenure
The properties are to be sold freehold.
Asking price
We are instructed to invite offers of £99,950 for our client’s interest.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall on this basis, and where silent, offers will be deemed net of VAT.
Legal costs
Each party is to bear their own legal costs involved in the transaction.
Anti-money laundering regulations
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Property descriptions and related information displayed on this page are marketing materials provided by - Bradley Hall. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bradley Hall for full details and further information.