High Street & Moore Street , Redcar, North Yorkshire, TS10

Redcar - High Street Road merges onto Moore Street

For Sale: 77 High Street, 1 Moore Street, 3 Moore Street, Redcar, TS10 3DW

Location:

This Property is located in Redcar, a seaside town on the Yorkshire Coast. This particular property is positioned at the top of the High Street Road as it merges into Moor Street, which has excellent passing trade by both transport and pedestrian's alike.

This through road leads directly to the Esplanade/Seafront and is the only right of way for vehicles before the pedestrian only shopping parade. The beach is a very short walk from the property, which helps boost footfall, especially in the summer months.

Description:

The ground floor of the property is divided into 3 separate commercial units. The first floor is currently not utilised. If this floor was brought into use, the rental income could be increased further.

- 77 High Street, TS10 3DD
Property Size: 182.52 Sq Ft
Current Occupier: Cooplands Bakery
Lease End Date: Late 2027
Current Rent: £10,500 per annum
Extra Info: Rent Review Due (can be conducted following purchase), 2 Floor Storage 67.57m2

77 High Street - Currently occupied by Cooplands until late 2027 bringing in £10,500 per annum (a rent review can be immediately conducted by the purchaser)

1 Moore Street - Currently occupied by a pet supplier until late 2037 bringing in £10,000 per annum

3 Moore Street - Currently occupied by a café until late 2025 bringing in £7,200 per annum

Total annual income of £38,200

Terms:

Freehold Sale of:

77 High Street, Redcar, TS10 3DD - 135.14 Sq Ft

1 Moore Street, Redcar, TS10 3DW - 78.31 Sq Ft

3 Moore Street, Redcar, TS10 3DW - 67.57 Sq Ft

All properties are under a single title.