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High Street, TS13

£49,995

£62.11 per sq ft

Business rates & charges may apply

Parker Barras, Teesside
SIZE AVAILABLE

805 sq ft

75 sq m

SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments

A4

Key features

  • Tenanted Investment
  • 10% Yield
  • 5 Year Lease
  • Newly Renovated

Description

For Sale: Arbroath House, High Street, Loftus, TS13 4HG

The property is currently occupied by a independent pub, they took occupation in September 2023 and the property is held on a 5 year lease.

The current tenant has undergone a large refurbishment to the interior of the property, exterior wise the full street has undergone development and now there is plenty of on street parking with new paving and street furniture.

Nearby occupiers include Co-Op convenience store, Golden Lion Hotel and a range of independent retailers.

Please note the picture of the exterior of the property is outdated and the new tenant have changed the shop front to their branding, alongside the works on the street are complete now.

The property is held on a virtual freehold.

For Sale - £49,995

High Street, TS13

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Saltburn Station4.2 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 fees and offer a free no obligation market appraisal.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 209958843. 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 Parker Barras, Teesside. 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.

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