131 High St - Storefront Retail/Residential FOR SALE


Redcar, RCC TS10 3DQ
$140,000 USD
128-755-1028
131 High St, Redcar, RCC for Sale
$140,000 USD
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

131 High St
Redcar, RCC TS10 3DQ


HIGHLIGHTS

  • Bus Route
  • Parking
  • Daytime Foot Traffic

OVERVIEW

A substantial property with superb investment potential. Consisting of a spacious ground floor food takeout shop let on a six year lease with an income of £800pcm and a vacant two bedroom two-storey apartment above which does require refurbishment - with rental income potential from £500pcm to £1,000 if converted to two flats. Over 10% yield/return on investment after refurb! Available now, open to offers.<br /><br /><b>Further Information</b> - There is a 360-degree virtual tour to see above. Offers invited on the asking price.<br /><br />This apartment offers a boiler central heating and water heating system, we have not verified this as working. There is also UPVC double glazed windows and external multi-locking doors.<br /><br />Council tax band A / EPC energy rating D / This is a freehold property / mains utilities and sewerage with no known rights of way affecting this property.<br /><br />Broadband and telephone provisions, various mobile coverage and TV services are available within the property - Please consult your supplier for further information on speed and cost.<br /><br /><b>Ground Floor Food Shop</b> - <br /><br /><b>Main Shop</b> - 4.60 x 9.67 (15'1" x 31'8") - <br /><br /><b>Rear Dining Area</b> - 4.17 x 9.62 (13'8" x 31'6") - <br /><br /><b>Utility</b> - 2.10 x 1.49 (6'10" x 4'10") - <br /><br /><b>Wc</b> - 2.07 x 1.18 (6'9" x 3'10") - <br /><br /><b>Apartment</b> - <br /><br /><b>Entrance Hallway</b> - 1.93 x 7.86 (6'3" x 25'9") - <br /><br /><b>Landing</b> - <br /><br /><b>Living Room</b> - 6.41 x 4.52 (21'0" x 14'9") - <br /><br /><b>Kitchen</b> - 2.86 x 4.41 (9'4" x 14'5") - <br /><br /><b>Wc</b> - <br /><br /><b>Bedroom One</b> - 3.46 x 5.80 (11'4" x 19'0") - <br /><br /><b>Bedroom Two</b> - 3.52 x 2.05 (11'6" x 6'8") - <br /><br /><b>Bathroom/Wc</b> - 3.02 x 1.90 (9'10" x 6'2") - <br /><br /><b>Rear Patio Yard</b> - <br /><br />

FOR SALE DETAILS

PRICE

$140,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew HallPH Estate Agents LimitedMore Info
128-755-1028

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Andrew HallPH Estate Agents LimitedMore Info
128-755-1028

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