£120,000

Redcar Lettings Co

Thames Road, Redcar, TS10 1PP

Property key facts

  • Bedrooms

    2
  • Bathrooms

    1
  • Internal area

  • Property type

    Other
  • Year built

    Ask Agent

Key facts

  • Freehold mixed commercial/residential investment
  • Both units tenanted, providing immediate income
  • Rear yard
  • Popular and established residential location
  • Flat currently tenanted at £495 PCM
  • Retail currently tenanted at £1,650 per quarter
  • Commercial Lease in place until 31st July 2027
  • Commercial EPC: C
  • Residential EPC: E
  • Investment

Property description

Additional text is available below.
We welcome to the market for sale this freehold property which offers a rare opportunity to acquire a fully tenanted mixed-use investment in a popular Redcar location.

The ground-floor commercial unit is occupied under a secure lease, while the first-floor flat provides steady residential income.

Ideal For
• Investors seeking a ready-made income-producing asset
• Buyers looking for a mixed commercial/residential portfolio addition
• Those wanting a long-term, low-maintenance investment

This versatile investment opportunity includes:

First Floor Flat

• Two-bedroom apartment
• Currently tenanted at £495 PCM
• EPC Rating: E - https://find-energy-certificate.service.gov.uk/energy-certificate/8500-5285-2229-6297-8613
• Council Tax Band: A
• Accommodation includes: entrance hallway, landing, lounge, kitchen, bathroom, and two bedrooms

Ground Floor Commercial Premises

• Trading as a takeaway
• Currently occupied under a commercial lease until 31st July 2027
• Rental income: £1,650 per quarter
• Rear yard
• EPC Rating: C - https://find-energy-certificate.service.gov.uk/energy-certificate/6170-9187-6084-4078-1149

Tenure: Freehold

Ground Floor Commercial Premises

First Floor Flat

Bedroom 1: 11'0" x 14'6" (3.35m x 4.42m), Carpeted. Wardrobes. Blinds.

Bedroom 2: 12'6" x 7'0" (3.81m x 2.13m), Carpeted. Electric radiator.

Kitchen: 12'6" x 11'3" (3.81m x 3.43m), Smoke detector. Base & wall units. Electric cooker. Washing machine. Fridge. Extractor fan.


Lounge: 11'3" x 12'0" (3.43m x 3.66m), Carpet. Blinds & Curtains. Electric radiator. Modern electric fireplace.


Bathroom: 7'6" x 8'0" (2.29m x 2.44m), White bathroom suite. Bath with shower over & glass shower screen. Toilet. Wash basin. Cupboard. Vinyl flooring.


Brochures

No information available. Please contact the agent for details.

Property Location

Thames Road, Redcar, TS10 1PP

Nearest stations

Nearest schools

Utility supply

  • Electricity

  • Water

  • Heating

    Double glazing, Gas central
  • Sewerage

Private rights of way
Public rights of way
Listed property
Restrictions

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