Property
Key information
Features and description
- Investment Opportunity
- 2 x Retail Units
- 2 x Residential Flats
- Freehold Title
- Central Location
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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