No longer on the market
This property is no longer on the market
MapRetail property (high street)
Features and description
- Freehold town centre retail investment
- Totalling approximately 265.23 sq m (2,855 sq ft)
- Let to PDSA until 2027
- Suit investors
- Producing £18,000 per annum
A two storey mid-terraced building arranged a large ground floor retail unit totalling approximately 222.50 sq m (2,395 sq ft) and first floor ancillary store/offices totalling approximately 42.73 sq m (460 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.
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