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19 Hedgeley Rd 613 sq ft 100% Let Retail Property Hebburn NE31 1PP £115,000 (£187.60/sq ft)
Investment Highlights
- Ground-floor commercial salon and beauty accommodation
- First-floor flat includes an open-plan kitchen/lounge, bedroom, hall and bathroom
- Air conditioning
- Self-contained one-bedroom flat above
- Rear courtyard
- Electric heating to the commercial accommodation
Executive Summary
Mixed-use freehold investment comprising a ground-floor commercial unit currently presented as a hairdressing and beauty facility, together with a self-contained one-bedroom flat above. The property is offered for sale by auction with a starting bid of £115,000. No rental income, operating expenses, NOI or investment yield is provided, so purchasers should verify occupational arrangements and financial information before bidding.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
613 sq ft
Costar Property Class
C
Year Built
1900
Price
£115,000
Price per sq ft
£187.60
Occupancy Rate
100%
Number of Floors
1
Plot ratio
0.50
Total Plot Size
0.03 ac
Amenities
- Corner Lot
1 1
Nearby Major Retailers
1 of 22
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19 Hedgeley Rd
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