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62 High Street, Cleveland, TS10 3DR

Guide Price
£170,000

Business rates & charges may apply

BidX1 Commercial, London
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SECTOR

High street retail property for sale

Key features

  • Freehold town centre retail investment
  • Totalling approximately 265.23 sq m (2,855 sq ft)
  • Let to PDSA until 2027
  • Suit investors
  • Producing £18,000 per annum
  • Online Auction on Thursday, 25 July 2024

Description

A two storey mid-terraced building arranged a large ground floor retail unit totalling approximately 222.50 sq m (2,395 sq ft) and first floor ancillary store/offices totalling approximately 42.73 sq m (460 sq ft). The building offers scope to convert into a mixed use building, let as is or reconfigure into smaller units all subject to obtaining the necessary consents.


Location:

Redcar is a busy coastal town on the eastern edge of the Teesside conurbation, some 9 miles east of Middlesbrough and 44 miles south east of Newcastle upon Tyne. The town is accessed via the A1085 and A66, which provides access to the A19 at Middlesbrough, which is a principal north/south dual carriageway linking to the A1(M) to the south. The town has two railway stations, these being Redcar Central and Redcar East, both providing regional rail links and links to the national rail network beyond. Teeside International Airport lies approximately 20 miles to the south west providing flights to domestic and European destinations.

High Street is the principal shopping thoroughfare in the town running west from the Esplanade. The property commands a prominent position on the north side of High Street. Nearby occupiers include TSB, Heron Frozen Foods, Santander, B&M, KFC and Specsavers.


Online Auction on Thursday, 25 July 2024. For further information, such as legal documents and property information, please visit bidx1.com.

62 High Street, Cleveland, TS10 3DR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redcar Central Station0.3 miles
  • Redcar East Station0.8 miles
  • British Steel Redcar Station2.0 miles

Notes

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Disclaimer - Property reference 98694. 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 BidX1 Commercial, London. 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 BidX1 Commercial, London on 020 3909 9740.

*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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