Offers in region of
£135,000
(£50.00/sq. ft)
Retail premises for saleAyresome, Middlesbrough TS5
3,000 sq. ft
About this property
Description
Magnum Properties is excited to introduce this property with a commercial downstairs shop and spacious residential area above, with the potential for conversion into commercial units or flats.
The generous room sizes with ample space for 5/6 rooms with en-suites. The downstairs shop unit, spanning approximately 600 sqft, is Located in a bustling area with high foot traffic and is surrounded by residential properties.
This property would be great for anyone looking to establish a successful general store, takeaway, or retail clothing business, Equally interesting to someone looking to convert into self-contained residential dwellings, something the council is very favorable to permitting, due to the demand in the area. This property would offer the space to create 6 studios.
Potential Return
6 Rooms with en-suites at £500pcm each.
£36,000 Per Annum.
Estimated Renovation cost £50,000.
Potential ROI 18%
Viewings
For more information or if you would like to book a viewing, please call us
Magnum Properties is excited to introduce this property with a commercial downstairs shop and spacious residential area above, with the potential for conversion into commercial units or flats.
The generous room sizes with ample space for 5/6 rooms with en-suites. The downstairs shop unit, spanning approximately 600 sqft, is Located in a bustling area with high foot traffic and is surrounded by residential properties.
This property would be great for anyone looking to establish a successful general store, takeaway, or retail clothing business, Equally interesting to someone looking to convert into self-contained residential dwellings, something the council is very favorable to permitting, due to the demand in the area. This property would offer the space to create 6 studios.
Potential Return
6 Rooms with en-suites at £500pcm each.
£36,000 Per Annum.
Estimated Renovation cost £50,000.
Potential ROI 18%
Viewings
For more information or if you would like to book a viewing, please call us
Mortgage calculator
Monthly repayment
£675 per month
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