Retail in Saltburn-by-the-Sea available for sale
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Retail Property for Sale near Saltburn-by-the-Sea, Saltburn By The Sea

Find Retail Property for sale in Saltburn-by-the-Sea that meets your business or investment goals

Retail Properties for Sale Within 5 miles of the Saltburn-by-the-Sea, Saltburn By The Sea

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 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 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 Retail Property For Sale in Saltburn-by-the-Sea

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How many retail properties are currently available for sale in Saltburn-by-the-Sea?
There are currently 1 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Saltburn-by-the-Sea?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Saltburn-by-the-Sea, Saltburn By The Sea

With 1 retail units currently available for sale in Saltburn-by-the-Sea, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Saltburn-by-the-Sea, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Saltburn-by-the-Sea, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Saltburn-by-the-Sea can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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