Offers in region of
£90,000
(£90.00/sq. ft)
Retail premises for saleSydenham Road, Hartlepool TS25
1,000 sq. ft
About this property
Mixed Use Property with the potential to generate over £14,000 per annum
First floor residential flat currently let at £450 per calendar month
Ground floor vacant retail unit ready for tenant occupation
Description
This mixed-use property provides an opportunity for a diversified income stream with the potential to generate over £14,000 per annum. The first-floor flat is occupied at £450 per calendar month on an assured shorthold tenancy. The ground floor is vacant but is fitted out as a convenience store with a large sales area, rear store and small yard.
Location
The property is located on Sydenham Road, off Stockton Road and close to the Burn Valley Roundabout. The surrounding area is of mixed use and includes residential, retail, takeaways amongst others. The property is well located with good road links and close to Hartlepool Town Centre.
Accommodation
To the first floor there is a two-bedroom flat and to the ground floor is a vacant retail unit which provides a sales area, storage area and WC extending to approx. 46.58 sqm / 501.39 sq.
Energy Performance Certificate
An Energy Performance Certificate has been commissioned. Full certificate available on request.
Services
As far as we are aware the property has mains supplies of water and electricity. Interested parties should make their own enquiries in this regard.
Terms
The freehold interest is available with vacant possession for £90,000.
The premises is available also available to let by way of a new full repairing and insuring lease, exclusive of all rates, charges and other outgoings for a term to be agreed at a rental of £9,000 per annum. The landlord reserves their right to request a rental deposit.
Rating Assessment
£2,600 Obtained from the Valuation Office Agency (). The ubr for the period 2026/2027 is 38.2p in the pound. Rates payable are therefore £993.2 less any Small Business Relief or any other discounts, which might be applicable. Please contact your local authority for more information.
First floor residential flat currently let at £450 per calendar month
Ground floor vacant retail unit ready for tenant occupation
Description
This mixed-use property provides an opportunity for a diversified income stream with the potential to generate over £14,000 per annum. The first-floor flat is occupied at £450 per calendar month on an assured shorthold tenancy. The ground floor is vacant but is fitted out as a convenience store with a large sales area, rear store and small yard.
Location
The property is located on Sydenham Road, off Stockton Road and close to the Burn Valley Roundabout. The surrounding area is of mixed use and includes residential, retail, takeaways amongst others. The property is well located with good road links and close to Hartlepool Town Centre.
Accommodation
To the first floor there is a two-bedroom flat and to the ground floor is a vacant retail unit which provides a sales area, storage area and WC extending to approx. 46.58 sqm / 501.39 sq.
Energy Performance Certificate
An Energy Performance Certificate has been commissioned. Full certificate available on request.
Services
As far as we are aware the property has mains supplies of water and electricity. Interested parties should make their own enquiries in this regard.
Terms
The freehold interest is available with vacant possession for £90,000.
The premises is available also available to let by way of a new full repairing and insuring lease, exclusive of all rates, charges and other outgoings for a term to be agreed at a rental of £9,000 per annum. The landlord reserves their right to request a rental deposit.
Rating Assessment
£2,600 Obtained from the Valuation Office Agency (). The ubr for the period 2026/2027 is 38.2p in the pound. Rates payable are therefore £993.2 less any Small Business Relief or any other discounts, which might be applicable. Please contact your local authority for more information.
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