The property comprises 3 self contained retail units which form part of a larger mid terrace mixed use block. Only the ground floor retail units are included in the sale.
Stockton-On-Tees is a popular market town within the Teesside conurbation. Norton Road forms part of the town centre as a continuation of the High Street and is a busy retail thoroughfare.
Long leasehold. The net income from the investment is £10,320 per annum
5 Norton Rd - Lease start date 15th Aug '16 - Term 10 years - Review every 3 years - Type: Beautician - £4,600 p/annum
7 Norton Rd - Lease start date 16th Mar '15 - Term 10 years - Review every 3 years - Type: Hairdressers - £5,200 p/annum
9 Norton Rd - Ground rent of £520 p/annum for 99 years from 2nd Dec '05
Call us to discuss these properties further.