£300,000
(£300,000.00/sq. ft)
Retail premises for saleNorton Road, Stockton-On-Tees TS18
1 sq. ft
About this property
Popular Location
Great Investment
10% Yield
Fully Tenanted
Freehold Investment Opportunity, Norton Rd, Stockton on Tees, TS18 2BW
This huge property based in Stockton is comprised of 3 ground floor retail units and 4 upper flats.
The total generated income is £30,120 Per Annum offering a highly attractive 10% yield
The rental breakdown is as follows.
5 Norton Rd - £5,200 per annum, new lease signed March 2024
7 Norton Rd - £5,200 per annum, new lease signed April 2024
9 Norton Rd - £520 per annum, sold on a long leasehold dated 2003
Flat 1 - £4,800 per annum, AST
Flat 2 - £4,800 per annum, AST
Flat 3 - £4,800 per annum, AST
Flat 4 - £4,800 per annum, AST
This prime location property is a great investment in the heart of the town.
This property is not elected for VAT.
For further information please contact our office
This huge property based in Stockton is comprised of 3 ground floor retail units and 4 upper flats.
The total generated income is £30,120 Per Annum offering a highly attractive 10% yield
The rental breakdown is as follows.
5 Norton Rd - £5,200 per annum, new lease signed March 2024
7 Norton Rd - £5,200 per annum, new lease signed April 2024
9 Norton Rd - £520 per annum, sold on a long leasehold dated 2003
Flat 1 - £4,800 per annum, AST
Flat 2 - £4,800 per annum, AST
Flat 3 - £4,800 per annum, AST
Flat 4 - £4,800 per annum, AST
This prime location property is a great investment in the heart of the town.
This property is not elected for VAT.
For further information please contact our office
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Monthly repayment
£1,500 per month
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