Guide price
£50,000
Retail premises for sale106 High Street, Redcar, Cleveland TS10
Just added
Auction
Leasehold
About this property
Guide Price = £50,000-£80,000
**For Sale By Public Auction 2nd September 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Floor Retail Unit Let to Farplace Animal Rescue Producing £11,880 Per Annum (Reflecting a Gross Initial Yield of 23.8%).
Tenure
Leasehold. The property will be held on a new 999 year lease from completion at a peppercorn ground rent.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Redcar Beach are within easy reach. Transport links are provided by Redcar Central rail station.
Description
A ground floor retail unit situated in a mid terrace building arranged over ground and first floors.
Accommodation
Ground Floor
Retail Unit
Office Space
Kitchenette
WC
G.I.A. Approximately 180 sq m
Tenancy
The property is let to Farplace Animal Rescue Limited on an Fri lease for a term of 10 years commencing 20th August 2019 at a rent of £11,880 per annum.
EPC Rating
C
VAT
VAT is applicable (togc available)
**For Sale By Public Auction 2nd September 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Floor Retail Unit Let to Farplace Animal Rescue Producing £11,880 Per Annum (Reflecting a Gross Initial Yield of 23.8%).
Tenure
Leasehold. The property will be held on a new 999 year lease from completion at a peppercorn ground rent.
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Redcar Beach are within easy reach. Transport links are provided by Redcar Central rail station.
Description
A ground floor retail unit situated in a mid terrace building arranged over ground and first floors.
Accommodation
Ground Floor
Retail Unit
Office Space
Kitchenette
WC
G.I.A. Approximately 180 sq m
Tenancy
The property is let to Farplace Animal Rescue Limited on an Fri lease for a term of 10 years commencing 20th August 2019 at a rent of £11,880 per annum.
EPC Rating
C
VAT
VAT is applicable (togc available)
Mortgage calculator
Monthly repayment
£250 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}