6 bedroom commercial property for sale

Kings Road North Ormesby TS3 6NG

Guide Price £230,000

Property Description

Full description

A MIXED COMMERCIAL INVESTMENT OPPORTUNITY - COMBINED INCOME OF CIRCA £28,000 - 13% YIELD AT ASKING PRICE / 20 YEAR LEASE ON THE SHOP UNIT / 3 APARTMENTS ALSO FULLY LET (ADDING £434 PCM EACH INTO THE COMBINED RETURN POT) / IMMEDIATE RETURNS MAKE THIS A SUPERB INVESTMENT - MORE DETAILS AVAILABLE
The Property Comprises A Ground Floor Rental Shop Currently Subject To A 20 Year Lease With An Income Of £1000 Pcm.

Above The Shop Are 3 , Two Bedroom Apartments Generating An Income Of Approximately £434 Pcm Each..

For Further Details Or To Arrange A Viewing Call TeesSurveyors Today.


Flat 1; 
9' 8'' x 13' 3'' (2.94m x 4.04m)
Living area.

Kitchen; 
5' 11'' x 6' 0'' (1.80m x 1.83m)

Flat 2 
13' 5'' x 16' 0'' (4.09m x 4.87m)
Open Plan Living/ Kitchen.

Bedroom 2; 
8' 0'' x 12' 5'' (2.44m x 3.78m)

Flat 3; 
15' 4'' x 17' 5'' (4.67m x 5.30m)
Open Plan Living/ Kitchen.

Bathroom; 
4' 11'' x 7' 0'' (1.50m x 2.13m)

Bedroom 1; 
7' 10'' x 9' 10'' (2.39m x 2.99m)

Bedroom 3 
7' 2'' x 7' 9'' (2.18m x 2.36m)

More information from this agent

Nearest stations

  • Middlesbrough (1.0 mi)
  • South Bank (1.7 mi)
  • Marton (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Tees Surveyors, Middlesbrough

44 Borough Road Middlesbrough TS1 5DW

01642 268166 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

  • Middlesbrough (1.0 mi)
  • South Bank (1.7 mi)
  • Marton (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Tees Surveyors, Middlesbrough

44 Borough Road Middlesbrough TS1 5DW

01642 268166 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 7014192. 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 Tees Surveyors, Middlesbrough. 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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