Blackhall Colliery, Hartlepool, TS27
- PROPERTY TYPE
Storage
- SIZE
Ask agent
Description
Bradley Hall is delighted to be appointed to market this neighbourhood garage and yard located within
Blackhall. This opportunity is for a fully let, high yielding investment with asset management
opportunities to increase value.
LOCATION
The property is located within Blackhall, just a short distance from Hartlepool, a district within County
Durham. The property benefits from being situated on the busy A1086, linking Hartlepool and Peterlee.
DESCRIPTION
The building is a garage unit of brick construction beneath a flat roof.
The property comprises of a double garage and secure yard suitable to hold vehicles, equipment and
parts.
ACCOMMODATION
The building comprises of:
Ground floor workshop 111.27m2 (1,198 ft2).
Ground floor works office 6.17 m2 (66 ft2).
Total 117.44 m2 (1,264 ft2).
Additional details
Hard surfaced, fenced land 114.7 m2 (1,234ft2).
INVESTMENT DETAILS
The passing rent is £9,600 per annum. The block is fully let to Blackhall Tyne Centre. Based on the asking
price, the gross yield equates to 8%.
TENURE
The site is sold freehold.
TERMS
We are instructed to invite offers in the region of £120,000 for our client’s interest. Our client does not
have to accept the highest nor any offer submitted to the agent.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made
to Bradley Hall on this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations the Purchaser/
Blackhall Colliery, Hartlepool, TS27
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Horden Station1.5 miles
- Hartlepool Station5.2 miles
Notes
Disclaimer - Property reference TEV240091. 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 Bradley Hall Chartered Surveyors & Estate Agents, Durham. 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.