£350,000

Leisure/hospitality for sale

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Guide price

£350,000

(£350,000.00/sq. ft)

Leisure/hospitality for sale

Martinet Road, Stockton-On-Tees TS17

1 sq. ft

Local area information

Property location

Nearby amenities

  • Bader Primary School 0.3 miles
  • The Village Primary 0.3 miles
  • Thornaby 1.3 miles
  • Eaglescliffe 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Property Description: Little Stars Childcare, Unit 4, Martinet Rd, Thornaby, TS17 0AS

We are pleased to present Little Stars Childcare, a prime commercial unit located in the growing area of Thornaby, this property represents an exceptional investment opportunity, ideal for investors or business owners looking for a well-positioned, multi-use facility.

Why This Property is a Smart Investment:

* Established Tenant: Currently operating as a childcare facility, this property already benefits from a steady rental income. With a reliable tenant in place, investors can enjoy immediate returns and long-term financial security.

* Flexible Use Potential: Although the property is currently set up for childcare services, its adaptable design and spacious layout make it an ideal candidate for other uses. With minimal modifications, the unit could be converted into a care home, assisted living facility, or specialized medical or therapy center. The existing infrastructure is well-suited to a variety of care-based services, giving you the flexibility to meet growing market demand.

* Strategic Location: Thornaby is a thriving community with growing demand for essential services like childcare and elder care. The property's location on Martinet Road provides easy access to local schools, healthcare services, residential neighborhoods, and major roadways including the A66 and A19. This makes it ideal for both childcare or care home operations, ensuring a consistent demand from the surrounding area.

* Expansion and Growth Opportunity: With the potential for growth in both childcare and care home sectors, this property offers significant opportunities for future expansion. Investors can explore expanding services, adding facilities, or adjusting lease agreements for greater returns. The care home sector, in particular, is experiencing growing demand as the population ages, making this property a particularly smart investment for those looking to diversify or expand their portfolio.

* Potential for Lease Adjustment or Purchase: While the property offers steady rental income, there is also the opportunity to adjust lease terms or negotiate a purchase option, allowing for increased long-term returns.
Key Property Features:

* Spacious Layout: The open-plan design allows for multiple rooms, group activities, and specialized care services. Ideal for care homes or community service providers.

* Ample Parking: On-site parking
for staff and visitors, ensuring ease of access for families and clients.

* Outdoor Space: Includes outdoor areas suitable for a play zone (for childcare) or gardens (for a care home), enhancing the property's appeal.

* Well-Maintained Premises: The property has been maintained to a high standard, ensuring a smooth transition for continued use or repurposing.

The Ideal Investment for the Future: Whether you're continuing with the current childcare operation or converting the unit into a care home, this property offers flexibility, stability, and a strong return on investment. The combination of rental income and the potential for capital growth makes this a solid investment in an area with increasing demand for care services.

Sale Price: £350,000
Rental Income: £25,000 per annum
Location: Unit 4, Martinet Rd, Thornaby, TS17 0AS
For more information or to arrange a viewing, contact us today.

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Property descriptions and related information displayed on this page are marketing materials provided by - Magnum Properties NE Ltd. 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 Magnum Properties NE Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Teeside
  5. Stockton-on-Tees
  6. Thornaby
  7. Martinet Road