Commercial Property for saleNavigation Point, Hartlepool Marina, Hartlepool
- FOR SALE
- 30 YEAR LEASE
- RENTAL INCOME - £40,000.00
- IDEAL LOCATION
The unit is currently occupied as a 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.
Hartlepool has a resident population of approximately 86,000 and a catchment within 12 miles (20 km) of the town centre of approximately 637,000.
The town is known for its port facilities and major tourist attractions including the Maritime experience, HMS Trincomalee Art gallery and Marina.
Navigation Point is the principal restaurant and bar location in Hartlepool and hosts a number of established operators including Casa Del Mar, Cinnamons and Spices. Additionally, there are a number of licensed bar operators including Port, Rosie O’Gradys, The Black Olive and Wallis & Co wine bar.
Term - 30 Year FRI lease (1/1/13 to 31/12/42)
Rent - £40,000.00 plus VAT per annum
Tenant - Birol Sert & Sener Kocu
GUIDE PRICE - £400,000.00 Excluding VAT.
EPC rating: D. A copy is available upon request.
The investment is to be sold on a 996 year lease hold basis with an annual ground rent payable of £250 per annum.
2,809 SQ ft [268 SQ M]
These particulars have been prepared in all good faith by Open House Estate Agents to give a fair overall view of the property and must not be relied upon as statements or representations of fact. Potential purchasers must satisfy themselves by inspection or otherwise regarding items stated and as to the content of these sales particulars. If any points are particularly relevant to your interest in the property please do not hesitate to contact us for further information.
Any areas, measurements or distances referred to are given as a guide only and not precise. Purchasers must rely on their own enquiries.
Open House Estate Agents have not tested any services, appliances, equipment or facilities, and nothing in these sales particulars should be deemed to be a statement that they are in good working order or that the property is in good structural condition or otherwise.
It should not be assumed that any contents/furnishings/furniture etc., photographed or videoed is included in the sale, nor that the property remains as displayed in the photograph(s) or video. No assumption should be made with regard to parts of the property that have not been photographed or videoed.
It should not be assumed that the property has all necessary planning, building regulations or other consents. Where any reference is made to planning permission or potential uses such information is given in good faith.
The information in these sales particulars is given without responsibility on the part of the Agents or their clients. These particulars do not form any part of an offer of a contract and neither the agents nor their employees have any authority to make or give any representations or warranties whatever in relation to this property.
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference OPVO000003. 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 Open House Estate Agents , Nationwide. 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.
* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com
Map data ©OpenStreetMap contributors.