Floorplan
MapRetail property (high street) for sale
Features and description
- Mixed-use property
- Ground floor retail unit
- Spacious retail area
- Strong investment opportunity
- Approx. total rental income of £1,050 PCM
- First floor 2 bedroom flat
A fantastic mixed-use property situated in the thriving retail heart of Blackhall Colliery, Hartlepool. This versatile building comprises a ground-floor retail unit with W/C and a first-floor 2-bedroom flat, presenting an ideal opportunity for both business owners and investors alike.
The retail unit boasts an impressive frontage, offering excellent visibility to passing footfall and traffic—perfect for attracting customers and accommodating a wide variety of business ventures. Inside, the generous floor area provides superb flexibility for different retail uses, whether you’re an ambitious entrepreneur launching a new concept or an established trader seeking additional space.
Above the shop, the well-proportioned 2-bedroom flat currently generates £450 PCM, providing immediate and reliable rental income. The ground-floor retail unit has an achievable rental income of approximately £600 PCM, bringing the combined potential rental income to around £1,050 PCM.
The property also benefits from strong local footfall and excellent transport links, ensuring convenient access for customers, tenants, and employees.
With an approximate total floor area of 1,722 sq ft, this is a rare opportunity to secure a prominent mixed-use building with strong investment appeal. Early viewing is highly recommended.
Contact Pattinson Estate Agents for further details.
Rooms
Tenure
Freehold - Title DU130785
Accommodation
Ground floor:
Shop, office, store room, w/c
Upper floor:
Entrance hall, stairs, open plan lounge, kicthen, 2 bedrooms and shower room.
EPC
Energy rating D
Rateable Value
The adopted rateable value is £6,200 from 1 April 2023
Sourced from VOA.
Adiditonal Info
For further information, to register your interest and viewings - (strictly by appointment only through Pattinson's), please contact our office directly.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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