£109,500

Retail premises for sale

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£109,500

(£96.82/sq. ft)

Retail premises for sale

York Road, Hartlepool TS26

1,131 sq. ft

Local area information

Property location

Nearby amenities

  • Lynnfield Primary School 0.2 miles
  • Ward Jackson Primary School 0.3 miles
  • Hartlepool 0.4 miles
  • Seaton Carew 1.9 miles

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

Read our area guide for Hartlepool to find out more about the local area.

Features and description

  • Retail Investment Opportunity
  • Ground floor retail unit with first floor storage/kitchen
  • Extends to to 105.05 sq m / 1,131 sq ft
  • Let at £10,000 per annum (9.13% giy on asking price)
  • 7 year lease expiring 24th October 2031
Description
Ground floor retail unit with first floor storage/kitchen in a prominent position within Hartlepool Town Centre. The property would suit a variety of uses subject to obtaining any necessary planning consents.
The property is fully let as a beauty salon producing an annual income of £10,000, on a 7-year lease from October 2024.

Location
The property is located on York Road which includes a variety of high street banks, charity shops, hot food takeaways, cafes and estate agents. The property forms part of a popular block on York Road which includes occupiers such Ramsdens, The Salvation Army, Nationwide and Santander and Yorkshire Bank. Middleton Grange Shopping Centre is directly to the rear of the property with ample pay and display parking.

Accommodation
The ground floor comprises a total of approximately 66 sqm / 707 sq ft of an open plan sales area with stairs leading to the first floor and an accessible WC.
To the first floor there is a further sales area and a kitchen, extending to 42.45 sqm / 457 sq. Ft.

Services
We understand that the property has supplies of water and electricity in addition to mains drainage. Interested parties should satisfy themselves in this regard.

Energy Performance Certificate
The property has an Energy Rating of C (60)

Terms
£109,500 for freehold purchase.

Rating Assessment
£9,200 Obtained from the Valuation Office Agency ()
The ubr for the period 2024/2025 is 54.6p in the pound. Rates payable are therefore £5023.2 less 75% due to the hospitality relief scheme and other small business reliefs and discounts available.

Contact Information
For further information and viewings please contact Greig Cavey Commercial Limited on or e-mail

More information

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  1. Zoopla
  2. Commercial for sale
  3. Hartlepool
  4. York Road