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24 Middle St 628 sq ft 100% Let Retail Property Blackhall Colliery TS27 4EA £75,000 (£119.43/sq ft)
Investment Highlights
- Located on the retail high street of Blackhall
- 10 minutes drive from Peterlee
Executive Summary
A fantastic mixed-use property for auction situated in the thriving retail heart of Blackhall Colliery, Hartlepool. This versatile building comprises a ground-floor retail unit with W/C and a first-floor 2-bedroom flat. Above the shop, the well-proportioned 2-bedroom flat currently generates £450 PCM, providing immediate and reliable rental income. The ground-floor retail unit has an achievable rental income of approximately £600 PCM, bringing the combined potential rental income to around £1,050 PCM.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
628 sq ft
Costar Property Class
B
Year Built
1980
Price
£75,000
Price per sq ft
£119.43
Occupancy Rate
100%
Number of Floors
2
Plot ratio
0.84
Total Plot Size
0.02 ac
Frontage
17 ft on A1086
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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24 Middle St
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