Skip to content

Norton Road, Stockton-On-Tees, Durham, TS20

£90,000

£120.00 per sq ft

Business rates & charges may apply

Parker Barras, Teesside
SIZE AVAILABLE

750 sq ft

70 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Good Location
  • Long Standing Tenant
  • Long Lease
  • 8.4 % Return

Description

321 Norton Road consists of a ground floor retail unit let to Niche Hair Salon producing £7,800 per year.

The lease was dated April 2021 for a term of 7 years.

The property is in good decorative order throughout.

Ground Floor Area 750.95 sq ft / 69.76 sq m

The upper floor has been sold off on a long leasehold for a term of 999 years from August 2006. The rent is peppercorn if demanded. The long lease holder is responsible for paying a contribution towards the building insurance.

Investment sale

Freehold £90,000

Norton Road, Stockton-On-Tees, Durham, TS20

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stockton Station0.8 miles
  • Thornaby Station1.5 miles
  • Billingham Station2.2 miles

About Parker Barras, Teesside

The Qube Windward Way, Middlesbrough, TS2 1QG

Parker Barras are award-winning Commercial Property & Business Transfer Agents formed in 2007 and operating from state-of-the-art office premises, located in Teesside and covering the North East.

Our proactive approach enables the firm to act efficiently on the Sale and Letting of all types of Commercial Property, as well as acting as business transfer agents, helping you achieve the best outcome, when its comes to selling your business.

Parker Barras charge absolutely no upfront fees and offer a free no obligation market appraisal.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 180641318sale. 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 Parker Barras, Teesside. 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.