£150,000
(£150,000.00/sq. ft)
Retail premises for saleChurch Street, Seaham SR7
From 1 - 1,765 sq. ft
Just added
About this property
Nestled in the heart of Seaham’s bustling Church Street, this impressive freehold mid-terrace property presents a rare investment opportunity. Arranged over two storeys, the premises boast both commercial and residential elements, generating a strong and secure combined income of £1,283 per month (£15,400 per annum).
The ground floor features a modern retail unit, which benefits from an ongoing commercial lease with five years remaining-a stable arrangement providing £733 monthly rental income (£8,800 per annum). To the first floor, a spacious residential apartment is currently let on an Assured Shorthold Tenancy (AST), adding £550 per month (£6,600 per annum) to the total yield. The property’s versatility and reliable rental returns make it particularly appealing for those seeking to expand their investment portfolio.
Located on the ever-popular Church Street, the property occupies a central spot within Seaham-a vibrant coastal town famed for its striking seafront, independent shops, and outstanding community amenities. A wealth of nearby attractions, including Seaham Harbour Marina, the dramatic coastline walks of the Durham Heritage Coast, and a variety of cafes, boutiques, and restaurants all await future tenants, offering an enviable lifestyle and easy access to local conveniences.
Excellent transport links are on hand, with Seaham Railway Station offering regular services to Durham, Sunderland, Newcastle, and Teesside, while the A19 ensures swift connectivity for commuters and travellers alike. Local bus services provide further direct connections within the town and across the region.
This property represents a solid investment in a thriving and well-connected location. Whether considering your first or latest addition to a portfolio, arrange your viewing today to fully appreciate the scope and potential on offer.
The ground floor features a modern retail unit, which benefits from an ongoing commercial lease with five years remaining-a stable arrangement providing £733 monthly rental income (£8,800 per annum). To the first floor, a spacious residential apartment is currently let on an Assured Shorthold Tenancy (AST), adding £550 per month (£6,600 per annum) to the total yield. The property’s versatility and reliable rental returns make it particularly appealing for those seeking to expand their investment portfolio.
Located on the ever-popular Church Street, the property occupies a central spot within Seaham-a vibrant coastal town famed for its striking seafront, independent shops, and outstanding community amenities. A wealth of nearby attractions, including Seaham Harbour Marina, the dramatic coastline walks of the Durham Heritage Coast, and a variety of cafes, boutiques, and restaurants all await future tenants, offering an enviable lifestyle and easy access to local conveniences.
Excellent transport links are on hand, with Seaham Railway Station offering regular services to Durham, Sunderland, Newcastle, and Teesside, while the A19 ensures swift connectivity for commuters and travellers alike. Local bus services provide further direct connections within the town and across the region.
This property represents a solid investment in a thriving and well-connected location. Whether considering your first or latest addition to a portfolio, arrange your viewing today to fully appreciate the scope and potential on offer.
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