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106 High St 1,937 SF Retail Condo Unit Offered at $121,196 in Redcar TS10 3DL
INVESTMENT HIGHLIGHTS
- Roller shutter entrance.
- Situated in the heart of Redcar town centre
- Mid terrace freehold retail investment
EXECUTIVE SUMMARY
The property comprises a building of masonry construction arranged over two floors offering retail accommodation within two self-contained untis. The property is located on the south side of Redcar High Street in the eart of the town centre, between the junctions with Redcar Lane and France Street. Redcar road communications are good, being connected to the A19 at Middlesbrough, which is a principal north/south dual carriageway via the A174.
PROPERTY FACTS
| Total Building Size | 8,010 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 6,230 SF |
| Property Subtype | Storefront | Year Built | 1976 |
| Building Class | B | Lot Size | 0.19 AC |
| Total Building Size | 8,010 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 6,230 SF |
| Year Built | 1976 |
| Lot Size | 0.19 AC |
AMENITIES
- 24 Hour Access
1 UNIT AVAILABLE
Unit 106
| Unit Size | 1,937 SF | Tenure | Long Leasehold |
| Price | $121,196 | Cap Rate | 13.20% |
| Price Per SF | $62.57 | NOI | $15,997.84 |
| Condo Use | Retail | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 1,937 SF |
| Price | $121,196 |
| Price Per SF | $62.57 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 13.20% |
| NOI | $15,997.84 |
| Sale Conditions | Auction Sale |
DESCRIPTION
The property comprises a large ground floor retail premises located at the heart of Redcar.
Let on a commercial lease producing a total rent of £11,880 per annum.
SALE NOTES
Lot 259 is available for sale at an Savills online auction to be held on Monday 9th December and Tuesday 10th of December 2025.
The property comprises an investment opportunity for sale.
The asking price is £90,000, representing a gross initial yield of 13.2%.
106 High Street, Redcar TS10 3DL 1
106 High Street, Redcar TS10 3DL 2
106 High Street, Redcar TS10 3DL 3
106 High Street, Redcar TS10 3DL 4
106 High Street, Redcar TS10 3DL location
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Kidney Research UK |
-
|
Jan 0000
|
NEARBY MAJOR RETAILERS
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106 High St
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