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62-68 Bishopton Ln 9,469 sq ft 100% Let Retail Property Stockton On Tees TS18 2AJ £395,000 (£41.72/sq ft)
INVESTMENT HIGHLIGHTS
- Surroundedby amenities
- Close to Stockton train station
- Mixed use area, combining commercial and residential
EXECUTIVE SUMMARY
Available For Sale By Auction a portfolio of 4 mixed use properties. The properties are situated fronting Bishopton Lane in an established mixed residential and commercial area which is approximately 1/2 mile north-west of Stockton High Street.
Surrounding properties include Stockton Registry Office, the towns railway station, medical centre, The Station public house and a number of independent traders including a pharmacist, beauticians, cafes' and takeaway.
62 Bishopton Lane
Ground floor unit leased to a Barbers, obtaining a rent of £5200 per annum. The ground, first and second floor offices have previously been utilised by the current owners and present an additional income for potential buyers. Shared kitchen and WC facilities are on the ground floor. Potential for further development (subject to planning permission).
64 Bishopton Lane
Ground floor unit leased to a local retailer (Trophy Shop), obtaining a rent of £3640 per annum. The first and second floor accommodation provides an additional income of £9468 per annum.
66 Bishopton Lane
Ground floor retail unit leased to a Dog Groomers, obtaining a rent of £4160 per annum. The first and second floor accommodation provides an additional income of £9468 per annum.
68 Bishopton Lane
Newly refurbished throughout comprising of a vacant ground floor retail unit and self contained first and second floor accommodation. (estimated rental potential iro £13,200 per annum)
Surrounding properties include Stockton Registry Office, the towns railway station, medical centre, The Station public house and a number of independent traders including a pharmacist, beauticians, cafes' and takeaway.
62 Bishopton Lane
Ground floor unit leased to a Barbers, obtaining a rent of £5200 per annum. The ground, first and second floor offices have previously been utilised by the current owners and present an additional income for potential buyers. Shared kitchen and WC facilities are on the ground floor. Potential for further development (subject to planning permission).
64 Bishopton Lane
Ground floor unit leased to a local retailer (Trophy Shop), obtaining a rent of £3640 per annum. The first and second floor accommodation provides an additional income of £9468 per annum.
66 Bishopton Lane
Ground floor retail unit leased to a Dog Groomers, obtaining a rent of £4160 per annum. The first and second floor accommodation provides an additional income of £9468 per annum.
68 Bishopton Lane
Newly refurbished throughout comprising of a vacant ground floor retail unit and self contained first and second floor accommodation. (estimated rental potential iro £13,200 per annum)
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
9,469 sq ft
Costar Property Class
C
Year Built
1970
Price
£395,000
Price per sq ft
£41.72
Occupancy Rate
100%
Number of Floors
3
Plot ratio
1.67
Total Plot Size
0.13 ac
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NEARBY MAJOR RETAILERS
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62-68 Bishopton Ln
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