£90,000

Retail premises for sale

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Just added

Guide price

£90,000

(£79.63/sq. ft)

Retail premises for sale

Norton Road, Norton, Stockton-On-Tees TS20

1,130 sq. ft

Local area information

Property location

Nearby amenities

  • North Shore Academy 0.2 miles
  • Tilery Primary School 0.4 miles
  • Stockton 0.4 miles
  • Thornaby 1.1 miles

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

Read our area guide for Stockton-On-Tees to find out more about the local area.

Features and description

  • Investment Opportunity
  • Popular Norton Location
  • Within Reach To Norton Village and Stockton High Street
  • Loading Bay to the Rear
Summary

An excellent mixed-use investment opportunity located in a prominent position on Norton Road, this vacant ground floor shop with two spacious 2-bedroom flats above offers both commercial and residential income potential. The property is situated in the vibrant town of Norton Stockton-on-Tees, and within reach to the popular Norton Village and Stockton High Street.

Vacant Ground Floor Commercial Unit, Large glazed shop frontage, open plan customer area with serving counter, preparation area and WCs to the rear. Previously occupied as a coffee shop the space available would lend itself to a number of commercial uses (STP) (EPC D)

Two Self-Contained 2-Bedroom Flats (First & Second Floor)

Flat 1 (Tenanted): Offering immediate income at 377.00 pcm, comprises: Lounge, kitchen, 2 bedrooms and bathroom. (EPC E)

Flat 2 (Vacant): Comprises: Lounge, kitchen, 2 bedrooms and family bathroom, ready to let or occupy (EPC D)

Independent access from rear

Positioned in a busy retail and residential catchment area, Norton Road benefits from consistent passing traffic and footfall. The area is home to a mixture of national and independent retailers, schools, eateries, and services. Excellent transport links via the A19, A66, and local bus routes make it highly accessible.

Location

The Subject property is located along Norton Road and is ideally located within reach to local, amenities, schools, shops and transport links.

Accommodation

The accommodation briefly comprises: To the ground floor-retail unit with, storage area, loading bay, WC and office. Separate external entrances with stairs to first floor apartments. Flat A: Lounge, kitchen, 2 bedrooms and bathroom. Flat B: Lounge, kitchen, 2 bedrooms and bathroom.

EPC

The commercial unit and each apparent have valid EPC's and are available upon request.

Council Tax

Band A

Tenure

Freehold

Further Information

For more information and to arrange an internal Inspection Please contact Pattinson Estate Agents Tel:

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Floor plans and tours

Floor plans (2)

Floor plan 1
Floor plan 2

Tours (2)

2 virtual tours available

Step inside the property with a virtual tour or video walkthrough.

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Property descriptions and related information displayed on this page are marketing materials provided by - Pattinson - Commercial. 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 Pattinson - Commercial for full details and further information.

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