£150,000

Retail premises for sale

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Offers in region of

£150,000

(£183.60/sq. ft)

Retail premises for sale

Westgate, Guisborough TS14

817 sq. ft

Local area information

Property location

Nearby amenities

  • Chaloner Primary School 0.4 miles
  • Belmont Primary School 0.5 miles
  • Longbeck 3.9 miles
  • Marske 3.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Investment Property
  • Prime Location
  • National Covenant
  • Town Centre
  • Fully Let
  • Income of £12,000 pa
Location


The property is located within the popular market town of Guisborough, 22 miles north-west of Whitby and 10.5 miles south east of Middlesbrough. The town sits on the edge of the picturesque North York Moors National Park.

The property, situated within Guisborough Conservation Area, holds a central position, on the southern side of Westgate which is the principal retail street in Guisborough.

Westgate is a major bus route and thorough fare of the town benefitting from heavy footfall. The area is home to a number of national, regional and local occupiers including Morrisons, Superdrug, HSBC Bank, Heron Frozen Foods and Specsavers, Occupiers in the immediate vicinity include Greggs, Costa, Cooplands, Café Nero and Guisborough Post Office

Free disc parking is available to the front of the property on the attractive cobbled streets.
Description


The property comprises a prominently positioned two storey mid terraced building arranged to provide a ground floor retail unit and first floor stores.

43 Westgate is arranged as sales and stores on the ground floor and benefits from first floor ancillary stores and staff accommodation.

Occupied for a number of years by the established Johnson Cleaners, the property is currently fitted out as a dry cleaning and laundry service premises.
Accomodation

The unit has the following approximate areas:

Ground Floor

Sales 30.71 sq m (341 sq ft)
Stores 13.98 sq m (150 sq ft)

First Floor

Stores 30.23 sq m (325 sq ft)
WC -- --


Total 75.92 sq m (817 sq ft)
Rateable value


The property has a rateable value of £12,750. Interested parties should contact Redcar and Cleveland Council for the exact rates payable.
Tenure


The premises are currently let to Johnson Cleaners UK Ltd on a 5 year Fri Lease, which expires on 07/11/2026, at a passing rent of £12,000 per annum .
Proposed terms


The freehold investment is available to purchase at an asking price of £150 000.
Legal costs


Each party is to be responsible for their own legal costs incurred in the transaction.
Enquiries


Contact Jack Robinson to discuss your interest.
Tel:

Email:
Viewing


Viewings can be arranged by contacting Thomas : Stevenson direct.

Subject to contract

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Thomas Stevenson. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Thomas Stevenson for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. North Yorkshire
  4. Guisborough
  5. Westgate