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131 High St 2,138 SF 100% Leased Retail Building Redcar TS10 3DQ $159,611 ($74.65/SF)
Investment Highlights
- Bus Route
- Daytime Foot Traffic
- Parking
Executive Summary
A substantial property with superb investment potential. Consisting of a spacious ground floor food takeout shop let on a six year lease with an income of £800pcm and a vacant two bedroom two-storey apartment above which does require refurbishment - with rental income potential from £500pcm to £1,000 if converted to two flats. Over 10% yield/return on investment after refurb! Available now, open to offers.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,138 SF
Building Class
B
Year Built
1972
Price
$159,611
Price Per SF
$74.65
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.86
Lot Size
0.06 AC
Frontage
28’ on High Street
1 1
Nearby Major Retailers
1 of 17
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131 High St
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