106 High Street, Redcar
Guide Price
£90,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Mid terrace freehold retail investment
- Comprises a large ground floor retail premises
- Situated in the heart of Redcar town centre
- Tenant not in occupation
- Investment let at £11,880 per annum (13.2% GIY on guide price)
Description
The property comprises a large ground floor retail premises located at the heart of Redcar.
Let on a commercial lease producing a total rent of £11,880 per annum.
The property is at present let to Farplace Animal Rescue* for a term of 10 years from 20th August 2019 at a current rent of £11,880 per annum and the lease contains full repairing and insuring covenants. No breaks.*Tenant NOT in occupation. Farplace Animal Rescue are an animal welfare charity that operate from 39 charity shops across the UK and have been established since 2008.
Let on a commercial lease producing a total rent of £11,880 per annum.
The property is at present let to Farplace Animal Rescue* for a term of 10 years from 20th August 2019 at a current rent of £11,880 per annum and the lease contains full repairing and insuring covenants. No breaks.*Tenant NOT in occupation. Farplace Animal Rescue are an animal welfare charity that operate from 39 charity shops across the UK and have been established since 2008.
106 High Street, Redcar
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Redcar Central Station0.3 miles
- Redcar East Station0.7 miles
- British Steel Redcar Station2.1 miles
Notes
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