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2 Lillie Ter 1,410 sq ft Retail Property Trimdon Station TS29 6ES £115,000 (£81.56/sq ft)
Investment Highlights
- Fully let freehold mixed-use investment
- Ground floor salon let to established occupier
- Separate access to commercial and residential accommodation
- Passing rental income of £11,380 per annum
- Self-contained two-bedroom first floor flat
- Commercial rent offers future reversionary potential.
Executive Summary
The property comprises a fully let mixed-use investment arranged over two floors. The ground floor provides retail accommodation currently operating as a hair and beauty salon, comprising predominantly open-plan trading space together with a treatment room, washroom, kitchen and WC facilities. The first floor comprises a self-contained two-bedroom flat with independent rear access, incorporating a fitted kitchen, living room, bathroom and two bedrooms.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Retail
Property Size
1,410 sq ft
Costar Property Class
C
Year Built
1970
Price
£115,000
Price per sq ft
£81.56
Tenancy
Single
Number of Floors
2
Plot ratio
0.32
Total Plot Size
0.10 ac
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