REF: 218937364

For Sale

Tenanted Investment Property, 52a Station Road, Redcar, TS10 1AG

Key Features

  • Great Return
  • Longstanding Tenant
  • Prime Location
  • Licensed Property

Specifications

Invest and Develop, retail

1103.5 sqft

95000

Description

52a Station Road, Redcar, TS10 1AG

A tenanted investment with a long standing tenant offering a return of 9.47%.

The current tenant occupies the property as a licensed premises, they have been in occupation for just over 7 years.

Currently the tenant is holding over, paying £9,000 Per Annum, it is expected that they are to sign a new 7 year lease prior to a sale.

The property is only the ground floor unit and is offered on a freehold basis.

Size - 1103.5 SqFt

For Sale - £95,000