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High Street, TS13

£500,000

Business rates & charges may apply

Parker Barras, Teesside
SIZE

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SECTOR

Office for sale

Description

Investment/Development Opportunity For Sale: High street Loftus Saltburn-By-The-Sea TS13 4HW

Parker Barras are delighted to bring this development opportunity to the market.

Situated in the heart of the small market town, Loftus, the property has planning permission for conversion of the upper floors to 15 apartments, we are also advised that it is believed planning for a further 2 apartments may be granted.

R/2022/0965/CAM

The ground floor commercial units currently generate an income of £2,000 Per Month, fully occupied we expect the commercial units to generate a total of £2,500 Per Month

Fully Developed and occupied the property is estimated to generate a estimated revenue of £9250 Per Calendar Month with an estimated GDV in the range of £1.3 Million - £1.5 Million .

Full floorplans detailing sizes are available.

Viewing is highly recommended.

For Sale: £500,000

High Street, TS13

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Saltburn Station4.1 miles

About Parker Barras, Teesside

The Qube Windward Way, Middlesbrough, TS2 1QG

Parker Barras, Teesside

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

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Notes

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Disclaimer - Property reference 179767453. 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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