Commercial Property in TS10 available for sale
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Commercial Properties for Sale in TS10, Redcar

Find commerical property for sale in TS10 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 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 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 16A Limerick Rd, Redcar - Office for Sale

Limerick Works - 16A Limerick Rd

Redcar, TS10 5JU

  • Office for Sale
  • £1,300,000
  • 33,850 sq ft
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FAQs About Commercial Property For Sale in TS10

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How many commercial properties are currently available for sale in TS10?
There are currently 7 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in TS10?
The average asking price is approximately per sq ft, with prices ranging from to 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 TS10, Redcar

You searched for commercial property for sale in TS10. Explore 7 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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