Property photos
£300,000
(£300,000.00/sq. ft)
Retail premises for sale
Norton Road, Stockton-On-Tees TS181 sq. ft
Local area information
Property location
Nearby amenities
- Mill Lane Primary School 0.2 miles
- Stockton 0.3 miles
- Tilery Primary School 0.5 miles
- Thornaby 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Stockton-On-Tees to find out more about the local area.
Features and description
- Popular Location
- Great Investment
- 10% Yield
- Fully Tenanted
Freehold Investment Opportunity, Norton Rd, Stockton on Tees, TS18 2BW
This huge property based in Stockton is comprised of 3 ground floor retail units and 4 upper flats.
The total generated income is £30,120 Per Annum offering a highly attractive 10% yield
The rental breakdown is as follows.
5 Norton Rd - £5,200 per annum, new lease signed March 2024
7 Norton Rd - £5,200 per annum, new lease signed April 2024
9 Norton Rd - £520 per annum, sold on a long leasehold dated 2003
Flat 1 - £4,800 per annum, AST
Flat 2 - £4,800 per annum, AST
Flat 3 - £4,800 per annum, AST
Flat 4 - £4,800 per annum, AST
This prime location property is a great investment in the heart of the town.
This property is not elected for VAT.
For further information please contact our office
This huge property based in Stockton is comprised of 3 ground floor retail units and 4 upper flats.
The total generated income is £30,120 Per Annum offering a highly attractive 10% yield
The rental breakdown is as follows.
5 Norton Rd - £5,200 per annum, new lease signed March 2024
7 Norton Rd - £5,200 per annum, new lease signed April 2024
9 Norton Rd - £520 per annum, sold on a long leasehold dated 2003
Flat 1 - £4,800 per annum, AST
Flat 2 - £4,800 per annum, AST
Flat 3 - £4,800 per annum, AST
Flat 4 - £4,800 per annum, AST
This prime location property is a great investment in the heart of the town.
This property is not elected for VAT.
For further information please contact our office
More information
Listed by
Parker Barras
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