Commercial Property in Cleveland available for sale
37

Commercial Properties for Sale in Cleveland

Find commerical property for sale in Cleveland that meets your business or investment goals

More details for 102-108 High St, Redcar - Retail for Sale

102-108 High St

Redcar, TS10 3DL

  • Retail for Sale
  • £315,000
  • 8,010 sq ft
  • 24 Hour Access

Redcar Retail for Sale

Investment Consideration: Gross Initial Yield: 11.71% Rental Income: £36,880 p.a. VAT is applicable to this property. TOGC available. Comprises 2 ground floor shops No.106 and 102-104 and self-contained offices at first floor No.108 Shop No 102-104 and first floor offices let to the same tenant until July 2037. Rent reviews linked to RPI every 5 years. Tenant break clause in 2031. Offices benefit from access from the High Street, as well as via external staircase at rear, providing future residential development potential, subject to planning Situated in the heart of the town centre with nearby occupiers including Sports Direct, Iceland, Morrisons, B&M, The Works, Costa Coffee, Café and many more. Property Description: The property comprises 2 retail shops (102-104 & 106) at ground floor and self-contained offices at first floor (108). Shop (102-104) and Offices have been let to the same tenant t/a Charitable Aid Foundation. First floor benefits from access from the High Street, as well as external staircase at rear, providing the following accommodation and dimensions: Ground Floor No.102-104: 400 sq m (4,305 sq ft) Open plan retail, storage, office, kitchenette, wc Ground Floor No.106: 180 sq m (1,937 sq ft) Open plan retail, storage, office, kitchenette, wc First Floor No.108: 173 sq m (1,862 sq ft) 8 office rooms, kitchen, wc Total GIA: 753 sq m (8,104 sq ft) Future residential development potential of first floor offices, subject to vacant possession and obtaining planning. Tenancy: No. 102-104 is at present let to The Imaginarium Creative Studios Ltd for a term of 12 Years from 1st August 2025 at a current rent of £20,000 p.a. and the lease contains full repairing and insuring covenants. Rent review every 5 years linked to RPI. Tenant option to determine on 01.08.31 with min 6 months notice. Deposit held of £5,000. Lease within Landlord & Tenant Act 1954 No. 108 is at present let to The Imaginarium Creative Studios Ltd for a term of 12 Years from 1st August 2025 at a current rent of £5,000 p.a. and the lease contains full repairing and insuring covenants. Rent review every 5 years linked to RPI. Tenant option to determine on 01.08.31 with min 6 months notice. Deposit held of £1,250. Lease within Landlord & Tenant Act 1954. Tenant benefits from rent free period until 30th July 2027. The vendor will top up rent, so the buyer received the equivalent to £5,000 p.a. from sale completion No.106 is at present let to Farplace Animal Rescue* for a term of 10 years from 20th August 2019 at a current rent of £11,880 per annum and the lease contains full repairing and insuring covenants. No breaks. *Farplace Animal Rescue has sublet the premises to the charity DC Mobility Ltd. Farplace remains liable for the lease. Farplace are an animal welfare charity that operate from 39 charity shops across the UK and have been established since 2008. Location: The property is situated in the heart of the town centre on the south side of High Street, close to Regent Walk Shopping Centre where retailers include Home Bargains and JD Sports. Other nearby occupiers of the High Street include Iceland, Morrisons, B&M, The Works, Wilko, Costa Coffee, Greggs, Sports Direct and WHSmith, amongst others.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

10/06/2026

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More details for 40 Murray St, Hartlepool - Retail for Sale

40 Murray St

Hartlepool, TS26 9NW

  • Retail for Sale
  • £65,000
  • 1,260 sq ft
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More details for Wynard Ave, Billingham - Industrial for Sale

Pegasus House - Wynard Ave

Billingham, TS22 5TB

  • Industrial for Sale
  • £5,600,000
  • 124,031 sq ft
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More details for Brenda Rd, Hartlepool - Industrial for Sale

East, Park View Road - Brenda Rd

Hartlepool, TS25 1HT

  • Industrial for Sale
  • £7,500,000
  • 189,585 sq ft
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More details for 19 Station, Redcar - Retail for Sale

19 Station

Redcar, TS10 1AN

  • Retail for Sale
  • £230,000
  • 2,307 sq ft
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More details for 131 High St, Redcar - Retail for Sale

131 High St

Redcar, TS10 3DQ

  • Retail for Sale
  • £118,000
  • 2,138 sq ft
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More details for Urlay Nook Rd, Stockton On Tees - Land for Sale

TS16 - Urlay Nook Rd

Stockton On Tees, TS16 0TA

  • Land for Sale
  • £250,000 - £2,125,000
  • 1 - 3.10 ac Plots
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More details for Redcar – Cafe, Takeaway & Retail – Retail for Sale, Redcar

Redcar – Cafe, Takeaway & Retail

  • Retail for Sale
  • £300,000
  • 1,959 sq ft
  • 2 Retail Properties
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More details for Haverton Hill Rd, Billingham - Land for Sale

Former Anhydrite Mine - Haverton Hill Rd

Billingham, TS23 1PY

  • Land for Sale
  • £2,000,000
  • 5 ac Plot
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More details for 65-67 King Oswy Dr, Hartlepool - Retail for Sale

65-67 King Oswy Dr

Hartlepool, TS24 9PF

  • Retail for Sale
  • £140,000
  • 1,150 sq ft

Hartlepool Retail for Sale

Freehold Shops Investment VAT is applicable to this property The property is arranged on ground and one upper floor to provide two shop units No. 65 Reversion 2021 No. 67 Shop tenant holding over* Situated in an established parade of shops Occupiers close by include The Post Office, amongst other independent traders Property Description: The property is arranged on ground and one upper floor to provide two shop units. The property provides the following accommodation and dimensions: No. 65 (Ground Floor): 51.00 sq m (549 sq ft) No. 67 (Ground Floor): 55.80 sq m (601 sq ft) Tenancy: Shop No. 65 is at present let to R Moore t/a Butcher for a term of 5 years from 1st October 2016 at a current rent of £7,000 per annum and the lease contains full repairing and insuring covenants. Shop No.67 is at present let to R & K Hartlepool Limited t/a Bakery for a term of 10 years from 28th February 2007 (Holding Over) at a current rent of £6,500 per annum and the lease contains full repairing and insuring covenants. Rent deposit held of £650. For No. 67, we understand that negotiations are ongoing for a new three year terms at £6,500 p.a. Location: Hartlepool, with a population of some 87,000, is located approximately eight miles north of Middlesbrough. The town benefits from excellent road communications, with the A689 dual carriageway providing direct links to both the A19 and the A1(M). The property is situated in an established parade of shops on the south side of King Oswy Drive, close to its junction with Joyce Road. Occupiers close by include The Post Office, amongst other independent traders.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

07/05/2020

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More details for Northgate, Guisborough - Health Care for Sale

Guisborough Hospital - Northgate

Guisborough, TS14 6HZ

  • Health Care for Sale
  • Price Upon Request
  • 53,054 sq ft
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More details for Cheltenham Rd, Stockton On Tees - Industrial for Sale

Dynamo Park - Cheltenham Rd

Stockton On Tees, TS18 2AD

  • Industrial for Sale
  • Price Upon Request
  • 112,000 sq ft
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More details for Cheltenham Rd, Stockton On Tees - Industrial for Sale

Dynamo Park - Cheltenham Rd

Stockton On Tees, TS18 2AD

  • Industrial for Sale
  • Price Upon Request
  • 72,300 sq ft
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More details for Cheltenham Rd, Stockton On Tees - Industrial for Sale

Dynamo Park - Cheltenham Rd

Stockton On Tees, TS18 2AD

  • Industrial for Sale
  • Price Upon Request
  • 45,000 sq ft
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More details for Cheltenham Rd, Stockton On Tees - Industrial for Sale

Dynamo Park - Cheltenham Rd

Stockton On Tees, TS18 2AD

  • Industrial for Sale
  • Price Upon Request
  • 45,000 sq ft
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More details for 30 St. Pauls Ct, Stockton On Tees - Build-to-Rent for Sale

30 St. Pauls Ct

Stockton On Tees, TS19 0AB

  • Build-to-Rent for Sale
  • £3,400,000
  • 10,000 sq ft
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More details for 112 High St, Stockton On Tees - Retail for Sale

112 High St

Stockton On Tees, TS18 1BB

  • Retail for Sale
  • £100,000
  • 2,294 sq ft
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More details for 68-70 Westgate, Guisborough - Retail for Sale

68-70 Westgate

Guisborough, TS14 6AY

  • Retail for Sale
  • £175,000
  • 1,074 sq ft
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FAQs About Commercial Property For Sale in Cleveland

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How many commercial properties are currently available for sale in Cleveland?
There are currently 41 commercial properties available for sale. Sizes range from 500 sq ft to 189,585 sq ft, with an average size of 28,218 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Cleveland?
The average asking price is approximately £85 per sq ft, with prices ranging from £12 to £257 per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Cleveland

Market Overview for Commercial Properties in Cleveland

Key information for Commercial Properties investors in Cleveland and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Redcar £76 7,252 sq ft
Middlesbrough £41 20,277 sq ft
Billingham £34 124,031 sq ft
Hartlepool £90 27,898 sq ft
Thornaby £60 8,141 sq ft

Rental Price Trends in Cleveland

The price per square foot range for Commercial Properties in Cleveland and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Redcar £29 £76 £125
Middlesbrough £5 £41 £105
Billingham £34 £34 £34
Hartlepool £30 £90 £181
Thornaby £60 £60 £60

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Cleveland area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Redcar 542 sq ft 7,252 sq ft 33,850 sq ft
Middlesbrough 796 sq ft 20,277 sq ft 129,973 sq ft
Billingham 124,031 sq ft 124,031 sq ft 124,031 sq ft
Hartlepool 500 sq ft 27,898 sq ft 189,585 sq ft
Thornaby 8,141 sq ft 8,141 sq ft 8,141 sq ft

You searched for commercial property for sale in Cleveland. Explore 37 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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