Martinet Road, TS17

Location
Unit 4 Martinet Road, Thornaby, Thornaby-On-Tees, Stockton-On-Tees, TS17 0AS

Welcome to Magnum Properties' latest offering. We are thrilled to present this property, which is currently being utilized as a flourishing day nursery. This presents an excellent investment prospect as the building already has a tenant in place.

The existing tenant is committed to a 10-year lease and is currently in the fifth year of the agreement.

Situated in a prime location near residential housing, this property is ideally suited for its current use, but it also holds potential for a variety of other businesses such as restaurants, care homes, and more.

Moreover, for those considering a conversion into self-contained residential dwellings, the local council is highly supportive of this endeavor due to the high demand in the area. The property offers ample space for the creation of 6 studios.

Currently being let at £26,400 per annum

Anticipated returns:
6 en-suite rooms rented at £500 per month each
Totaling £36,000 annually

For further details or to schedule a viewing, please contact us at Magnum Properties using the following phone number: , or email us at . We look forward to assisting you.