49-49a Middle Street, County Durham, TS27 4EE
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- SIZE
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- SECTOR
Mixed use property for sale
Key features
- Freehold retail and residential investment
- Prominent corner position
- Includes a two bedroom flat and advertising hoarding
- Fully let producing £11,950 per annum
- Guide price reflects a gross initial yield of 14.06%
- Online Auction on Thursday, 22 May 2025
Description
An end of terrace building of traditonal construction beneath a pitched roof. The property is arranged as a ground floor retail unit with rear ancillary accommodation. The first and second floors are arranged as a split-level self-contained two bedroom flat with its own side entrance from Fifth Street. Additonally there are advertsing hoardings on the Fifth Street elevation.
Location:
Blackhall Colliery lies on the north east coast of England approximately 13 miles east of Durham and 5 miles north west of Hartlepool. It lies on the A1086 linking Hartlepool and Peterlee to the east of the A19 dual carriageway, which can be accessed via the B1281. Rail services can be found at nearby Hartlepool and Horden railway stations and a number of bus routes serve the area.
Middle Street forms part of the A1086 with the property lying on its east side at the junction with Fifth Street in a mixed residential and commercial area.
Online Auction on Thursday, 22 May 2025. For further information, such as legal documents and property information, please visit bidx1.com.
49-49a Middle Street, County Durham, TS27 4EE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Horden Station1.3 miles
- Hartlepool Station5.4 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call BidX1 Commercial, London on 020 3909 9740.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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