Commercial Property for saleNavigation Point, Hartlepool Marina, Hartlepool
Guide Price £400,000
- FOR SALE
- 10 YEAR LEASE
- PRODUCING £40,000.00 PER ANNUM
- PRIME LOCATION
This unit is currently occupied as an American style restaurant located overlooking Hartlepool Marina which provides a mixture of retail, commercial and residential accommodation.
The marina is one of the North East's key tourist attractions and provides the highest concentration of restaurants in Hartlepool offering high quality cuisine from around the world.
Located 12 miles (19 km) north of Middlesbrough and 26 miles (41 km) south of Newcastle Upon Tyne, Hartlepool benefits from good road connections north and south via the A19(T) and A1(M). The town's railway station provides direct services to London Kings Cross and Newcastle.
Navigation Point is the principal restaurant and bar location in Hartlepool and hosts a number of established operators.
Term: 10 years FRI lease (29/4/16 to 28/4/26)
Break Clause: 29/4/21 (Review 29/4/21)
Rent: £40,000.00 + VAT per annum
GUIDE PRICE - £400,000.00
EPC rating: E. Copy is available upon request
Thee investment is to be sold on a 996 year lease hold basis with annual ground rent payable of £250 per annum.
3,000SQ FT[278 SQ M]
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