£90,000
(£120.00/sq. ft)
Retail premises for saleNorton Road, Stockton-On-Tees TS20
750 sq. ft
About this property
Good Location
Long Standing Tenant
Long Lease
8.4 % Return
321 Norton Road consists of a ground floor retail unit let to Niche Hair Salon producing £7,800 per year.
The lease was dated April 2021 for a term of 7 years.
The property is in good decorative order throughout.
Ground Floor Area 750.95 sq ft / 69.76 sq m
The upper floor has been sold off on a long leasehold for a term of 999 years from August 2006. The rent is peppercorn if demanded. The long lease holder is responsible for paying a contribution towards the building insurance.
Investment sale
Freehold £90,000
The lease was dated April 2021 for a term of 7 years.
The property is in good decorative order throughout.
Ground Floor Area 750.95 sq ft / 69.76 sq m
The upper floor has been sold off on a long leasehold for a term of 999 years from August 2006. The rent is peppercorn if demanded. The long lease holder is responsible for paying a contribution towards the building insurance.
Investment sale
Freehold £90,000
Mortgage calculator
Monthly repayment
£450 per month
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