For sale: £545,000.00|10,653 Sq Ft|Retail, General Retail, Retail - Out of Town, Retail Park, Leisure Property, Restaurant/Cafes, Office, Healthcare, Restaurant/Cafes, Restaurant/Cafes, Licensed & Leisure, Offices, Other Property Types & Opportunities
TYPERetail, General Retail, Retail - Out of Town, Retail Park, Leisure Property, Restaurant/Cafes, Office, Healthcare, Restaurant/Cafes, Restaurant/Cafes, Licensed & Leisure, Offices, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON13th March 2025
Description
Freehold investment opportunity comprising 9 retail units forming part of a well established community retail parade, producing £50,960 (refer to enclosed tenancy analysis for breakdown).
Excellent location opposite University Hospital of North Tees.
Note - the apartments and 3 retail units have been sold off on long leases, however the purchaser will be entitled to the ground rent income. There is potential for additional income by way of management fees should the freeholder wish to manage the site directly.
Please get in touch for further details and viewings.
Location
Location:
High Newham Court, Stockton-on-Tees TS19 8PDGBDurhamTS19 8PDHigh Newham Court
