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48-58 Middle St 1,368 SF Retail Condo Unit Offered at $133,173 in Blackhall Colliery TS27 4EA
INVESTMENT HIGHLIGHTS
- Prominent Location
- Good Transport Links
- Close to local amenities
EXECUTIVE SUMMARY
The block is located within Blackhall, just a short distance from Hartlepool, a district within County Durham. The property benefits from being situated on the busy A1086, linking Hartlepool and Peterlee.
PROPERTY FACTS
| Total Building Size | 8,812 SF | Typical Floor Size | 8,812 SF |
| Property Type | Retail (Condo) | Year Built | 1880 |
| Floors | 1 | Lot Size | 0.20 AC |
| Total Building Size | 8,812 SF |
| Property Type | Retail (Condo) |
| Floors | 1 |
| Typical Floor Size | 8,812 SF |
| Year Built | 1880 |
| Lot Size | 0.20 AC |
1 UNIT AVAILABLE
Unit 50-50A
| Unit Size | 1,368 SF | Sale Type | Investment |
| Price | $133,173 | Tenure | Freehold |
| Price Per SF | $97.35 | Cap Rate | 10.45% |
| Condo Use | Retail | NOI | $13,910.17 |
| Unit Size | 1,368 SF |
| Price | $133,173 |
| Price Per SF | $97.35 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 10.45% |
| NOI | $13,910.17 |
DESCRIPTION
The building is a terraced block of brick construction beneath a pitched slate roof.
To the ground floor comprises a ground floor lock up retail unit, neighbouring a hairdresser, charity shop and retail/office use for a charity operation. The ground floor retail unit benefits from front sales area, with storage/kitchen and w/c to the rear and has 3 phase power.
The first floor comprises a 1-bedroom flat comprising kitchen, living room, storage and w.c and in good condition.
SALE NOTES
The properties are to be sold freehold.
NEARBY MAJOR RETAILERS
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48-58 Middle St
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