Retail premises for sale

York Road, Hartlepool TS26

For sale: Three-Storey Mixed-Use Property on York Road, Hartlepool

Location:

Situated in the vibrant heart of Hartlepool, this property enjoys a prime location on York Road, a bustling street within walking distance of Middleton Grange Shopping Centre. The area is a retail and lifestyle hub, attracting high foot traffic from locals and visitors alike. Surrounded by a mix of businesses, cafes, and essential services, the location offers strong appeal for both commercial and residential tenants.

In addition to excellent accessibility, tenants benefit from nearby parking facilities and proximity to public transport, making this property an ideal choice for businesses and residents seeking convenience and connectivity.

Notable nearby amenities include:

Middleton Grange Shopping Centre: Home to well-known brands, dining, and entertainment
Education and healthcare services: Schools, clinics, and hospitals
Leisure and lifestyle: Hartlepool’s theaters, galleries, and a thriving night-time economy
With Hartlepool undergoing regeneration efforts, this central location presents a high-potential, long-term investment in a rapidly growing area.

Property Details:

This mid-terrace, three-storey property consists of:

Ground Floor: Retail unit with an existing tenant, generating steady income.
Upper Floors: Currently configured as a large 6/7-bedroom flat across two stories, with a strong potential to convert into two self-contained flats to maximize rental returns.
Potential Annual Returns:

Ground Floor Retail Unit: £9,000
First Floor Flat: £6,900
Second Floor Flat: £6,900
Total Projected Income: £22,800 per annum

Tenure:

Freehold, with a tenant in situ on the ground floor, offering stable, immediate returns.

Viewings:

Viewings are available for qualified buyers who provide verified proof of funds.

Confidentiality:

This is a confidential sale, and a non-disclosure agreement must be signed prior to receiving additional details.