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Station Road, Redcar, North Yorkshire, TS10

£90,000

£81.45 per sq ft

Business rates & charges may apply

Parker Barras, Teesside
SIZE AVAILABLE

1,105 sq ft

103 sq m

SECTOR

Pub for sale

Key features

  • Great Return
  • Longstanding Tenant
  • Prime Location
  • Licensed Property

Description

52a Station Road, Redcar, TS10 1AG

A tenanted investment with a long standing tenant offering a return of 9.47%.

The current tenant occupies the property as a licensed premises, they have been in occupation for just over 7 years.

Currently the tenant is holding over, paying £9,000 Per Annum, it is expected that they are to sign a new 7 year lease prior to a sale.

The property is only the ground floor unit and is offered on a freehold basis.

Size - 1103.5 SqFt

For Sale - £90,000

Station Road, Redcar, North Yorkshire, TS10

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redcar Central Station0.2 miles
  • Redcar East Station1.0 miles
  • British Steel Redcar Station1.8 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

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Disclaimer - Property reference 218937364. 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.

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