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24 Middle St 628 SF 100% Leased Retail Building Blackhall Colliery TS27 4EA $116,231 ($185.08/SF)
Investment Highlights
- Located on the retail high street of Blackhall
- 10 minutes drive from Peterlee
Executive Summary
A fantastic mixed-use property for auction situated in the thriving retail heart of Blackhall Colliery, Hartlepool. This versatile building comprises a ground-floor retail unit with W/C and a first-floor 2-bedroom flat. Above the shop, the well-proportioned 2-bedroom flat currently generates £450 PCM, providing immediate and reliable rental income. The ground-floor retail unit has an achievable rental income of approximately £600 PCM, bringing the combined potential rental income to around £1,050 PCM.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
628 SF
Building Class
B
Year Built
1980
Price
$116,231
Price Per SF
$185.08
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.84
Lot Size
0.02 AC
Frontage
17’ on A1086
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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Photos
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24 Middle St
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