High Street, TS13

LOCATION

The property is located in Loftus, Saltburn by the Sea, approximately 1 mile south of the North-East Coast, 4 miles south-east of Saltburn, 12 miles north-west of Whitby and 14.5 miles east of Middlesbrough.

Situated in the historic centre of Loftus High Street, the area accommodates regional and local occupiers including Co-Op Convenience Store, Allied Pharmacy, Stonehouse Bakery, Golden Lion Hotel, Carole Louise Hairdressing, The Silver Sixpence Boutique and White Horse Public House.

DESCRIPTION

The property comprises a mixed-use building arranged to provide a ground floor retail unit with rear workshop and self contained first floor maisonette flat.

The ground floor is configured to provide: sales floor, stores, external toilet, external stores and pottery workshop.

The upper floors, which are accessible via both an internal and external staircase, are arranged to provide residential accommodation with the first floor configured to provide living room, hallway with storage, kitchen & dining area, utility room, bathroom with WC and garden/conservatory room.

The second floor provides one bedroom and store-room in use as a bedroom. There is potential to create further space within the attic.

Externally the premises benefit from a first floor garden which has been well maintained, rear access to Lingberry Garth and covered stores at ground floor level.

The property is ideally suited for an owner occupier and would be appropriate for a variety of uses. The upper floors are accessible from an external staircase and provide the opportunity for a purchaser to create two income streams.

ACCOMMODATION

Retail Unit

Ground Floor

Sales 27.87 sq m (300 sq ft)

Stores 14.87 sq m (160 sq ft)

Workshop 36.90 sq m (397 sq ft)

External Store 2.48 sq m ( 27 sq ft)

Covered Store 10.20 sq m (110 sq ft)

External WC

Residential Accommodation

First Floor 52.07 sq m (560 sq ft)

Living Room 5.38m x 3.95m
Kitchen 2.78m x 3.10m
Utility Room 1.02m x 1.66m
Bathroom 1.88m x 1.66m
Garden Room 2.21m x 3.17m

Second Floor 27.53 sq m (296 sq ft)

Bedroom 1 2.71m x 2.48m
Store Room (Bedroom 2) 2.79m x 3.95m

Total Residential 79.60 sq m (856 sq ft)

PROPOSED TERMS

The freehold interest is available to purchase with in the region of £165,000 invited.

RATING ASSESSMENT

The ground floor premises have been assessed with a Rateable Value of £3,150 and therefore qualify for small business rates relief. Interested parties should contact Redcar and Cleveland Council for the exact rates payable.

COUNCIL TAX

The upper floor residential flat falls within Council Tax Band A.

VAT

All rents/prices quoted are exclusive of VAT if applicable.

VIEWING

Strictly by appointment through this office
Contact : Jack Robinson
/

Subject to contract