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No longer on the market

This property is no longer on the market

2024-05-02  12-53-49 4020c7f6 30d9 4c4f ad99 4fbb7
2024-05-02  12-53-50 123930d8 51c3 4526 af7c 83d70
2024-05-02  12-53-45 ce5c2bcb 4fa4 4c4b 9a18 4990f
2024-05-02  12-53-47 33ce86e2 93a6 4710 82fd 1293d
2024-05-02  12-53-48 2b525991 1e33 4222 b1d6 7e830
2024-05-02  12-53-48 b49777d9 3b27 4e04 9315 bb01b
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Retail property (high street)

Auction
Retail property (high street)
Added > 14 days

Features and description

  • Freehold town centre retail building
  • Approximately 1,137 sq m (12,236 sq ft) 
  • Suit investors/owner occupiers/developers
  • Future alternative use potential (subject to consents)
  • Vacant possession
  • Online Auction on Thursday, 23 May 2024

A two storey mid-terraced building arranged as a large ground floor retail unit totalling approximately 629.23 sq m (6,773 sq ft) and first floor ancillary office/store totalling approximately 507.53 sq m (5,463 sq ft). The building offers scope to convert into a mixed use building, let as is or reconfigure into smaller units all subject to obtaining the necessary consents.


Location:

Redcar is a busy coastal town on the eastern edge of the Teesside conurbation, some 9 miles east of Middlesbrough and 44 miles south east of Newcastle upon Tyne. The town is accessed via the A1085 and A66, which provides access to the A19 at Middlesbrough, which is a principal north/south dual carriageway linking to the A1(M) to the south. The town has two railway stations, these being Redcar Central and Redcar East, both providing regional rail links and links to the national rail network beyond. Teeside International Airport lies approximately 20 miles to the south west providing flights to domestic and European destinations.

High Street is the principal shopping thoroughfare in the town running west from the Esplanade. The property commands a prominent position on the north side of High Street. Nearby occupiers include TSB, Heron Frozen Foods, Santander, B&M, KFC and Specsavers.


Online Auction on Thursday, 23 May 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
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BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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