Commercial property for sale
High Street, Redcar, Cleveland TS10 3DR
£45.55 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,854 sq ft
265 sq m
- SECTOR
Commercial property for sale
Key features
- FOR SALE BY AUCTION ON THURSDAY 19TH FEBRUARY 2026 (UNLESS SOLD PRIOR).
- High Street Location
- Deep Ground Floor Shop with Ancillary Accommodation on the first floor
- Approx. 2,854 sq ft
- Rear loading/parking accessed from a service road
- FREEHOLD
- Producing £18,000 per annum
- Gross Yield 13.8%
Description
Occupying a prominent trading position on this pedestrianised street, in the heart of this popular seaside town, adjacent to Santander and amongst such multiples as Boots, Savers, Admiral, Sports Direct, CeX, Costa Coffee, Greggs, Post Office, Iceland, Subway and many more.
Redcar lies on the A1085 enjoying fast links with the A66 and A19, some 6 miles east of
Middlesborough and 21 miles east of the A1(M).
PROPERTY
A mid terrace building comprising a Deep Ground Floor Shop with internal access to Ancillary Accommodation on the first floor. In addition, the property includes a rear loading/parking area accessed from a service road.
ACCOMMODATION¹
Ground Floor Shop
Gross Frontage 20'0''
Built Depth 118'0''
Area Approx. 2,395 sq ft
First Floor Ancillary
Area Approx. 459 sq ft
WC
Total Area Approx. 2,854 sq ft
¹Not inspected by Barnett Ross. Areas taken from VOA.
VAT is applicable to this Lot
FREEHOLD
TENANCY
The entire property is let on a full repairing and insuring lease (subject to a schedule of condition) to The People's Dispensary For Sick Animals as a Charity Shop (having over 100 branches) for a term of 5 years from 6th October 2022 at a current rent of £18,000 per
annum exclusive.
Note 1: The Tenant did not operate their October 2025 Break Clause.
Note 2: 6 week completion
Energy Performance Certificates
EPCBrochures
High Street, Redcar, Cleveland TS10 3DR
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Redcar Central Station0.2 miles
- Redcar East Station0.9 miles
- British Steel Redcar Station2.0 miles
Notes
Disclaimer - Property reference Redcar. 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 Barnett Ross, Barnett Ross. 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.
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 Barnett Ross, Barnett Ross on 020 8106 0950.
*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.”
Map data ©OpenStreetMap contributors.