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1-33 Middleton Rd - Navigation Point 500 - 1,491 sq ft Retail Units Offered at £120,000 - £125,000 Per Unit in Hartlepool TS24 0UH
Investment Highlights
- Marina views
- Located on Middleton Road in Hartlepool
- Parking
Executive Summary
The premises are located within a three storey marina building of masonry construction on Hartlepool Marina close to Hartlepool Town Centre and Hartlepool train station. Nearby occupiers include a variety of bars, restaurants, offices and shops as well as a significant number of residential flats.
2 Units Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Auction Sale, Redevelopment Project |
| Tenure | Long Leasehold |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale, Redevelopment Project |
Description
The space comprise an estimated size of 500 square feet of retail space.
Sale Notes
This prime leasehold property, located on Middleton Road in Hartlepool, Durham, presents an excellent opportunity for redevelopment or continued use in the hospitality industry. The building was previously operated as a restaurant and offers ample space for a variety of potential commercial ventures.
| Sale Type | Investment or Owner Occupier | Sale Conditions | Auction Sale |
| Tenure | Long Leasehold |
| Sale Type | Investment or Owner Occupier |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale |
Description
The property is currently operating as a bar/restaurant with linoleum flooring and wooden accents
Sale Notes
Previously used as a bar/restaurant offered for sale on a long leasehold basis (988 years remaining) with a ground rent £254 per annum. Suitable for both occupiers and investors alike. Neighbouring units are achieve rent iro £14,000 per annum.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 3 | 500 sq ft | Retail | £120,000 (£240.00/sq ft) | - |
| Unit 4 | 1,491 sq ft | Retail | £125,000 (£83.84/sq ft) | - |
Unit 3
| Unit Size |
| 500 sq ft |
| Unit Use |
| Retail |
| Price |
| £120,000 (£240.00/sq ft) |
| NOI |
| - |
Unit 4
| Unit Size |
| 1,491 sq ft |
| Unit Use |
| Retail |
| Price |
| £125,000 (£83.84/sq ft) |
| NOI |
| - |
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Unit 3
| Unit Size | 500 sq ft |
| Unit Use | Retail |
| Price | £120,000 (£240.00/sq ft) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale, Redevelopment Project |
| Description | |
| The space comprise an estimated size of 500 square feet of retail space.</li></ul> | |
| Sale Notes | |
| This prime leasehold property, located on Middleton Road in Hartlepool, Durham, presents an excellent opportunity for redevelopment or continued use in the hospitality industry. The building was previously operated as a restaurant and offers ample space for a variety of potential commercial ventures.</li></ul> |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 4
| Unit Size | 1,491 sq ft |
| Unit Use | Retail |
| Price | £125,000 (£83.84/sq ft) |
| NOI | - |
| Sale Type | Investment or Owner Occupier |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale |
| Description | |
| The property is currently operating as a bar/restaurant with linoleum flooring and wooden accents</li></ul> | |
| Sale Notes | |
| Previously used as a bar/restaurant offered for sale on a long leasehold basis (988 years remaining) with a ground rent £254 per annum. Suitable for both occupiers and investors alike. Neighbouring units are achieve rent iro £14,000 per annum.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 137,687 sq ft | Typical Floor Size | 55,521 sq ft |
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Shopfront Retail / Residential | Total Plot Size | 6.31 ac |
| Costar Property Class | C | Parking Allocation | 1.8/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 137,687 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | C |
| Floors | 3 |
| Typical Floor Size | 55,521 sq ft |
| Year Built | 2001 |
| Total Plot Size | 6.31 ac |
| Parking Allocation | 1.8/1,000 sq ft |
Amenities
- Security System
- Accent Lighting
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1-33 Middleton Rd - Navigation Point
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