Retail premises for sale in Norton Road, Stockton-On-Tees TS20
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Property features
- Good Location
- Long Standing Tenant
- Long Lease
- 8.4 % Return
Property description
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 £90,000
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Parker Barras, TS2 on +44 1642 966828 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Barras, and do not constitute property particulars. Please contact Parker Barras for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.