Excellent investment with 11% yield

  • £125,000
121 Raby Rd, Hartlepool TS24 8PL, UK

Excellent investment with 11% yield

121 Raby Rd, Hartlepool TS24 8PL, UK
  • £125,000

Description

Location

2 ground floor retail units located on Raby Road, Hartlepool, which is a densely populated area. The area has recently benefitted from regeneration schemes. Free car parking is available close by with good public transport links making the property easily accessible.

Particulars

Property 1: On the ground floor, the property extends to 618sqft. Includes W/C & separate store room.

Property 2: On the ground floor, the property extends to 1167sqft. Includes W/C & separate store rooms. This property also benefits from a basement which is estimated to be of the same square foot.

Tenure

Freehold

Tenant

Rented on a 6 year lease at a headline rent of £14,000 per annum – Single occupant with Premises Licence to operate Off-Licence in ‘property 2’

Map / Streetview

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  • Address 121-123 Raby Road
  • City Hartlepool
  • State/county Teesside
  • Zip/Postal Code TS24 8PL
  • Country UK

Overview

Property ID: PBE-5807

Contact Information

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