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48-58 Middle St 1,368 sq ft Retail Unit Offered at £99,950 in Blackhall Colliery TS27 4EA
INVESTMENT HIGHLIGHTS
- Prominent Location
- Good Transport Links
- Close to local amenities
EXECUTIVE SUMMARY
The block is located within Blackhall, just a short distance from Hartlepool, a district within County Durham. The property benefits from being situated on the busy A1086, linking Hartlepool and Peterlee.
PROPERTY FACTS
| Total Property Size | 8,812 sq ft | Typical Floor Size | 8,812 sq ft |
| Property Type | Retail (Unit) | Year Built | 1880 |
| Floors | 1 | Total Plot Size | 0.20 ac |
| Total Property Size | 8,812 sq ft |
| Property Type | Retail (Unit) |
| Floors | 1 |
| Typical Floor Size | 8,812 sq ft |
| Year Built | 1880 |
| Total Plot Size | 0.20 ac |
1 UNIT AVAILABLE
Unit 50-50A
| Unit Size | 1,368 sq ft | Sale Type | Investment |
| Price | £99,950 | Tenure | Freehold |
| Price Per sq ft | £73.06 | Net Initial Yield | 10.45% |
| Unit Use | Retail | NOI | £10,440 |
| Unit Size | 1,368 sq ft |
| Price | £99,950 |
| Price Per sq ft | £73.06 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 10.45% |
| NOI | £10,440 |
DESCRIPTION
The building is a terraced block of brick construction beneath a pitched slate roof.
To the ground floor comprises a ground floor lock up retail unit, neighbouring a hairdresser, charity shop and retail/office use for a charity operation. The ground floor retail unit benefits from front sales area, with storage/kitchen and w/c to the rear and has 3 phase power.
The first floor comprises a 1-bedroom flat comprising kitchen, living room, storage and w.c and in good condition.
SALE NOTES
The properties are to be sold freehold.
NEARBY MAJOR RETAILERS
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48-58 Middle St
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