Commercial Property for sale

29 Norton Road, Stockton-On-Tees, TS18 2BU

Guide Price £275,000

Property Description

Full description

Tenure: Freehold

SITUATION/LOCATION
The property is situated approximately 10 minutes walk from Durham University Campus on the corner of Norton Road and Tennant Street, and with Stockton High Street town centre amenities directly accessable from Norton Road which also provides good road links via the A1305 to the A177 Durham Road and A19 dual carriageway which lies approximately 2 miles distant. Local amenities are within walking distance together with Doctors Surgery on Tennant Street. Public transport is also available in the vicinity.

THE PROPERTY
A substantial corner property constructed of traditional brick construction under pitched tiled roof and incorporating sliding sash windows. The property retains a number of original architectural features and was given Grade II Listing in 1985. The property has been maintained to an extremely high standard throughout and provides for nine letting rooms over four floors being seven double rooms and two single rooms. All rooms are of spacious proportions. The property also includes two kitchens, sitting room (TV room) and a number of bathrooms with showers. Externally there are three private parking spaces to the front which is block paved. The property also has an enclosed yard with fire escape via spiral staircase. The building has fire certificate and is burglar alarmed. During our client's original renovations the property underwent soundproofing works. Heating is via electricity. The property is furnished throughout and further photographs may be referred to on our clients website www.durhamunistudentaccom.com

TENANCY INFORMATION
The property is let for the academic year 2016/2017 at a gross rental income of 34,000 per annum. All leases are guaranteed by students parents. Durham University has qualified the property as to Gold standard. The HMO licence was renewed in July 2012. Information available includes:-

Tenancy agreements
PAC testing certificates for electrical goods
Fire certification
Running costs

Our clients have owned the property for approximately 11 years during which time it has been maintained to a very high standard and is regularly decorated and upgraded where required.
Tenants pay for electricity and proportion of costs for Wifi.

ACCOMMODATION
Ground Floor
Entrance Hallway
Kitchen/Dining Room
Utility Room/WC
Sitting Room/TV Room
Two Letting Rooms

Lower Ground Floor
Two Letting Rooms (one with sitting/study area)
Bathroom with shower

First Floor
Three Letting Rooms
Kitchen
Bathroom with walk in shower

Second Floor
Two Letting Rooms (one with sitting area)

TENURE
Freehold

VAT
Any reference to price, premium or rent is deemed to be exclusive of VAT (if applicable) thereon. Where rents are quoted as inclusive figures this does not include VAT. Interested parties should clarify the incidence of VAT in any event with their legal advisors.

VIEWING
Strictly by appointment only through agents.

ENERGY EFFICIENCY RATING
G - 18

More information from this agent

Nearest stations

  • Stockton (0.2 mi)
  • Thornaby (0.8 mi)
  • Billingham (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Carver, Commercial

18 St. Cuthberts Way, Darlington, DL1 1GB

01325 627026 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Stockton (0.2 mi)
  • Thornaby (0.8 mi)
  • Billingham (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Carver, Commercial

18 St. Cuthberts Way, Darlington, DL1 1GB

01325 627026 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 29NORTON. 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 Carver, Commercial. 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.

Map data OpenStreetMap contributors.