Commercial property for sale in 7 & 7A Church Square, Hartlepool TS24

• Substantial 3 storey building with basement


• Overall floor area of approximately 246.04 sq. M/ 2648.37 sq. Ft


• Upper floors would suit student accommodation (subject to planning)


• Situated in an area undergoing regeneration


• Potential for multi let or mixed use investment

Description

Former bank situated in a location which is currently undergoing regeneration. The building was previously occupied by a beauty salon but would suit various uses, including residential, office and hospitality. The roof to the property requires some remedial work.

Location

The property is located in the Church Street area of Hartlepool, which is of mixed use with occupiers including leisure, office, retail, higher education and dwellings. The area is currently undergoing regeneration with the local authority’s goal to create an innovation and skills quarter centred around The Northern School of Art and Hartlepool College of Further Education.

Accommodation

Ground Floor 89 sq. M/ 957 sq. Ft

Basement 48.4 sq. M/ 520 sq. Ft

First Floor 48.74 sq. M/ 535 sq. Ft

Second Floor 59.9 sq. M/ 645 sq. Ft

The building provides separate access and services, allowing the ground floor and basement be split from the upper floors to provide for commercial use, while the upper floors would be suitable for residential use (subject to planning permission).

Services

As far as we are aware there are mains supplies of gas, water and electricity, in addition to mains drainage. Interested parties should make their own enquiries in this regard.

Energy Performance Certificate

The Energy Performance Certificate has been commissioned and will be provided on request.

Terms

For sale Freehold with vacant possession £150,000.

Rating Assessment

There are two rateable values for this property:

First and Second Floors:

£4,900 Obtained from the Valuation Office Agency ()

The ubr for the period 2023/2024 is 51.2p in the pound. Rates payable are therefore £2,509 less any Small Business Relief or any other discounts, which might be applicable.

Ground Floor and Basement:

£5,800 Obtained from the Valuation Office Agency ()

The ubr for the period 2023/2024 is 51.2p in the pound. Rates payable are therefore £2,970 less any Small Business Relief or any other discounts, which might be applicable.

Contact Information

For further information please contact Greig Cavey Commercial Limited.