Commercial property for sale in The Green, Billingham TS23
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Property features
- Freehold mixed use parade
- Comprising three retail units and four self-contained flats
- Current rent £43,420 per annum
- Gross Initial Yield of 14.3% on Guide
- Well established parade
- Predominantly residential catchment area
- By order of the lpa Receivers
Property description
Strapline
Auction Sale - 24/09/2024
A mixed use parade comprising three retail units and four self-contained flats.
Current rent £43,920 per annum.
Gross Initial Yield of 14.3% on Guide
Location
Situated to the east side of West Road close to the junction with Church Road.
Opposite The Green
A well established retail parade, other nearby occupiers include a Public House, Pharmacy and Barbers.
West Road is a busy arterial route and will produce a good level of passing trade.
Linking Billingham with the nearby A1027 Bypass
Transport
Billingham Station - National Rail
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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.
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