Property photos
£92,500
(£123.33/sq. ft)
Leisure/hospitality for sale
Norton Road, Stockton-On-Tees TS20750 sq. ft
Local area information
Property location
Nearby amenities
- North Shore Academy 0.4 miles
- Norton Primary Academy 0.5 miles
- Stockton 0.8 miles
- Thornaby 1.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Good Location
- Long Standing Tenant
- Long Lease
- 8.4 % Return
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
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
More information
Listed by
Parker Barras
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