Ayresome Green Lane, Middlesbrough, North Yorkshire, TS5
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- SIZE
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- SECTOR
Commercial property for sale
Description
Magnum Properties is excited to introduce this property with a commercial downstairs shop and spacious residential area above, with the potential for conversion into commercial units or flats.
The generous room sizes with ample space for 5/6 rooms with en-suites. The downstairs shop unit, spanning approximately 600 sqft, is Located in a bustling area with high foot traffic and is surrounded by residential properties.
This property would be great for anyone looking to establish a successful general store, takeaway, or retail clothing business,
Equally interesting to someone looking to convert into self-contained residential dwellings, something the council is very favorable to permitting, due to the demand in the area. This property would offer the space to create 6 studios.
Potential Return
6 Rooms with en-suites at £500pcm each.
£36,000 Per Annum.
Estimated Renovation cost £50,000.
Potential ROI 18%
Viewings
For more information or if you would like to book a viewing, please call us
Ayresome Green Lane, Middlesbrough, North Yorkshire, TS5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Middlesbrough Station1.2 miles
- Thornaby Station1.9 miles
- Stockton Station2.5 miles
Notes
Disclaimer - Property reference AyresomeGreenLane. 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 Magnum Properties - Commercial, Linthorpe Road. 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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