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No longer on the market

This property is no longer on the market

EPC

Property

Auction
Sold STC
Property
1636
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Investment Opportunity
  • 2 x Retail Units
  • 2 x Residential Flats
  • Freehold Title
  • Central Location
FOR SALE BY AUCTION: Terms and conditions apply.

We are pleased to offer for sale via online auction this freehold mixed use portfolio. The block comprised of two retail units on the ground floor and two flats on the upper floors, being offered fully tenanted the property is generating £19,968 per annum across the four units, further details can be found in the legal documents.

Please note we have not inspected these properties.

Rooms

Location
The subject property is well located along Murray Street. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 0.4 miles from Hartlepool town centre and approximately 17.9 miles from Durham city centre.

Accommodation
Briefly comprising of two retail units measuring approximately 70sqm and 82sqm to the ground floor and two, two bed flats to the upper floors.

Rateable Value
31-33 The adopted rateable value is £5,600 as of 1st April 2017. Sourced from VOA. 35 The adopted rateable value is £4,350 as of 1st April 2017. Sourced from VOA.

Lease Details
We are advised that both retail units are let at £100 per week and the flats are let at £100 per week and £84 per week respectively, giving a total annual income of £19,968. Further details can be found in the legal pack.

Tenure
FREEHOLD. TITLE NUMBER: CE39783

EPC
31-33 Murray Street: Available Upon Request (Rating D). 35 Murray Street: Available Upon Request (Rating C).

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About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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