REF: 180641318

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For Sale

Investment - 321 Norton Road, Stockton-on-Tees TS20 2PT

Key Features

  • Good Location
  • Long Standing Tenant
  • Long Lease
  • 8.4 % Return


Invest and Develop, Retail

750 sqft



321 Norton Road consists of a ground floor retail unit let to Niche Hair Salon producing £7,800 per year.

The lease was dated April 2021 for a term of 7 years.

The property is in good decorative order throughout.

Ground Floor Area 750.95 sq ft / 69.76 sq m

The upper floor has been sold off on a long leasehold for a term of 999 years from August 2006. The rent is peppercorn if demanded. The long lease holder is responsible for paying a contribution towards the building insurance.

Investment sale

Freehold £92,500