Specialist Properties for sale in the TS10, Redcar

Explore the Latest TS10, Redcar Specialist Properties for Sale

53 Westmorland Rd

Redcar, TS10 4BQ

Specialist for Sale
£295,000
3,877 sq ft

Redcar Specialist for Sale

Presently the property is used for religious instruction and weekly worship by the local community. The Property sits on a plot of land within a densely populated area of Central Redcar, on Westmoreland Road, which is also the location of several commercial premises. The location of the property would make a community initiative a very attractive proposition for the local area, who already benefit from excellent transport links and adequate surrounding amenities. The building overall is in an excellent condition and would pose minimal financial impact for an interested party looking to open this property back up to the public. Offering a substantial internal area, the property benefits from a private car park and beautiful surroundings. Overall, the building offers the following to a new owner: Site area: 0.23 acres / 942.2 sqm / 10,142 sqft Ground floor area: 3,007.57 sqft / 279.41 sqm First floor area: 868.57 sqft / 80.69 sqm The property also benefits from the usual utilities, including water, gas and electric.

Contact:

Magnum Properties

Property Subtype:

Place Of Worship

Date on Market:

04/07/2024

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Specialist Properties for Sale Within 10 miles of the TS10, Redcar

4 Marinet Rd

Thornaby, TS17 0AS

Specialist for Sale
£350,000
4,000 sq ft

Thornaby Specialist for Sale - Thornaby-on-Tees

Steady Rental Income: Currently generating £30,000 annually, Versatile Use & Demand: While operating as a childcare facility, the property's flexible layout allows easy conversion to a care home, assisted living, or medical center. The growing demand in these sectors ensures strong future returns. Prime Location: With easy access to schools, healthcare, and major roads, this property is perfectly positioned to attract tenants in both childcare and care services, ensuring high occupancy and consistent income. Growth Potential: The expanding care sector presents opportunities for capital appreciation, rent increases, and future expansion, boosting long-term ROI. Flexible Investment: Options to adjust lease terms or explore purchase opportunities give you the flexibility to enhance long-term returns.