Norton Road, Stockton-On-Tees, Durham, TS18
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes and A4 Drinking Establishments
A1, A3, A4
Key features
- Popular Location
- Great Investment
- 10% Yield
- Fully Tenanted
Description
This huge property based in Stockton is comprised of 3 ground floor retail units and 4 upper flats.
The total generated income is £30,120 Per Annum offering a highly attractive 10% yield
The rental breakdown is as follows.
5 Norton Rd - £5,200 per annum, new lease signed March 2024
7 Norton Rd - £5,200 per annum, new lease signed April 2024
9 Norton Rd - £520 per annum, sold on a long leasehold dated 2003
Flat 1 - £4,800 per annum, AST
Flat 2 - £4,800 per annum, AST
Flat 3 - £4,800 per annum, AST
Flat 4 - £4,800 per annum, AST
This prime location property is a great investment in the heart of the town.
This property is NOT elected for VAT.
For further information please contact our office
Norton Road, Stockton-On-Tees, Durham, TS18
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stockton Station0.2 miles
- Thornaby Station0.8 miles
- Billingham Station3.0 miles
About Parker Barras, Teesside
The Qube Windward Way, Middlesbrough, TS2 1QG
Parker Barras are award-winning Commercial Property & Business Transfer Agents formed in 2007 and operating from state-of-the-art office premises, located in Teesside and covering the North East.
Our proactive approach enables the firm to act efficiently on the Sale and Letting of all types of Commercial Property, as well as acting as business transfer agents, helping you achieve the best outcome, when its comes to selling your business.
Parker Barras charge absolutely no upfront
Notes
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