2-3 Zetland Road, Loftus, Saltburn-By-The-Sea, Cleveland TS13 4PP
- PROPERTY TYPE
Mixed Use
- SIZE
Ask agent
Key features
- HIGH STREET LOCATION
- FOUR HOLIDAY LET APARTMENTS
- PARKING TO REAR AND GARAGE
- SOLD AS A FREEHOLD
- EPC TBC
- Council Tax Banding: N/A, currently non-domestic rateable value.
Description
OWN YOUR OWN SHOPPING ARCADE!FOR SALE BY ONLINE LIVESTREAM AUCTION ON TUESDAY 23RD JULY AT 12 NOON
OWN YOUR OWN SHOPPING ARCADE!
A fantastic business opportunity has arisen for someone to purchase the Loftus Shopping Centre at 2-3 Zetland Road in Loftus. Being a stalwart of the High Street this property is positioned in a busy location on the traffic lights, with previous businesses and holiday lets trading and paying rent this is an ideal opportunity for the right individual/business! Become part of the renovation of Loftus High Street and the unique opportunities that this venture would bring. This property is being sold by vacant possession. The ground floor currently has a barbers, laundrette, gaming arcade, vacant retail/cafe unit, as well as reception area, whilst also benefiting from parking to the rear as well as a large garage!
This property requires someone to release the full potential of the units which exist within it, there are four residential flats above the retail unit, three of which are currently holidays lets ran by the existing owners, and benefit from repeat customers year on year, with one vacant and requiring attention. There is the added income from the laundrette, a vacant retail unit with large display window, previously let out as a cafeteria, as well as further development to the amusement arcade area... Available as a freehold purchase, and currently being sold due to retirement. Stock and fixtures & fittings would be available by separate negotiation via the seller: (2 x sunbeds, 2 x industrial washing machines, 2 x industrial driers plus approx. 30 x arcade machines).
GROUND FLOOR Entrance/Reception
Unit One - 3.9m x 5.4m
Unit 5 - 8.9m x 5.7m
Tanning Rooms
Office/Reception
Units 3 & 4 - 6.5m x 5.5m
Laundrette Area - 4.2m x 1.8m
FIRST FLOOR Apartment One
Apartment Two
Apartment Three
Apartment Four
AUCTIONEERS NOTES Property construction – Standard
Electricity supply - Mains
Water supply - Mains
Sewerage - Mains
Heating – Gas
Broadband - Standard Speed – 20 mbps
Mobile signal / coverage –Vodafone/ O2 /EE/THREE – Very Good
Parking – Off Street/Garage
Building Safety – See Legal Pack
Restrictions –Yes - See See Legal Pack
Rights and easements - See Legal Pack
Flood risk – Low
Coastal erosion –No Risk
Planning permission – See Legal Pack
Accessibility / adaptions - See Legal Pack
Coalfield or mining area - See Legal Pack
VIEWINGS Please contact Auction House on for the viewing schedule
Tenure: Freehold
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: 1% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
2-3 Zetland Road, Loftus, Saltburn-By-The-Sea, Cleveland TS13 4PP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Saltburn Station3.9 miles
About the agent
Auction House, Auction House North East
The Qube, Windward Way, Middlesbrough, Teeside, TS2 1QG
Auction House North East delivers success using a powerful package of local, regional and national marketing and promotion. We use specialist local knowledge, regional promotion and national brand publicity to generate more interest and competitive bidding in our auction rooms. Now selling over 3,000 auction lots per year Auction House is the clear market leader nationally. We operate successful regional auction rooms widespread across the country. Most of our sellers and buyers choose to sel
Industry affiliations
Notes
Disclaimer - Property reference 202406241532sq_3gio. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Auction House North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Auction House North East on 01642 049800.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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