£110,000
(£33.75/sq. ft)
Light industrial for saleSpringholme Yard, Stockton-On-Tees TS18
3,259 sq. ft
About this property
Income Generating Investment
Scope For Increased Income
7 Separate Units
Springholme Yard, Springholme Street, Stockton-On-Tees, TS18 3PZ
A investment opportunity to take ownership of 7 industrial units which are all currently tenanted, based just down Springholme Street Stockton which is just off Yarm Road, one of the main through roads in Stockton-On-Tees
All units are tenanted as follows.
Unit 1 - 224 SqFt -£80 per month - paid quarterly.
Unit 1a - 274 SqFt - £80 per month - paid monthly
Unit 3 - 217 SqFt - £90 per month - paid monthly
Unit 4/5 - 886 SqFt - £180 per month - paid monthly
Unit 6 - 304 SqFt - £100 per month - paid monthly
Unit 7/8 - 894 SqFt- £130 per month - paid monthly
Unit 9/10 - 460 SqFt - £130 per month - paid monthly
Total size - 3259 SqFt
The total income for all 7 units is £9,480 Per annum. There is scope to further increase this revenue as the units are currently rented on a low price per square foot.
** Please note all red line images are for illustrative purposes only and are only there to provide a brief understanding on the property, they may differ slightly to exact boundaries on title plans and in this case have been used only to outline buildings not land which may be included.
A investment opportunity to take ownership of 7 industrial units which are all currently tenanted, based just down Springholme Street Stockton which is just off Yarm Road, one of the main through roads in Stockton-On-Tees
All units are tenanted as follows.
Unit 1 - 224 SqFt -£80 per month - paid quarterly.
Unit 1a - 274 SqFt - £80 per month - paid monthly
Unit 3 - 217 SqFt - £90 per month - paid monthly
Unit 4/5 - 886 SqFt - £180 per month - paid monthly
Unit 6 - 304 SqFt - £100 per month - paid monthly
Unit 7/8 - 894 SqFt- £130 per month - paid monthly
Unit 9/10 - 460 SqFt - £130 per month - paid monthly
Total size - 3259 SqFt
The total income for all 7 units is £9,480 Per annum. There is scope to further increase this revenue as the units are currently rented on a low price per square foot.
** Please note all red line images are for illustrative purposes only and are only there to provide a brief understanding on the property, they may differ slightly to exact boundaries on title plans and in this case have been used only to outline buildings not land which may be included.
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