_Description_
Ground floor retail with upper floor storage, situated in a prominent position
in Hartlepool Town Centre. The property is currently let at a rent of £6, 000
per annum to January 2024 and based on recent letting evidence, we would
anticipate the reversionary income to be in the region of £12, 000 to £15, 000
per annum.
_Location_
The property is well located within Hartlepool Town Centre and forms part of a
popular section of York Road with occupiers including Coral, Santander,
Robinsons Estate Agents and Virgin Money. The property is easily accessible by
public transport and there are a number of town centre car parks within a
short distance.
_Accommodation_
The ground floor extends to 58. 42sq. m / 629sq. ft and includes a sales area,
back shop/store and WC. The specification includes suspended ceiling with
inset lighting, aluminium display window and external electric roller
shutters. The first floor extends to 59. 41sq. m / 639sq. ft and provides storage
space which could potentially be used as offices if required.
_Services_
The property has benefit of mains supplies of 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 Asset Rating is 70 (Band C). Full
certificate available on request.
_Terms_
Offers in the region of £140, 000. Purchaser to meet the vendors legal costs,
estimated at £2, 000 plus VAT.
_Tenancy_
The property is let to a private individual on a three - year lease term from
the 1st February 2021 and expiring on the 31st January 2024, at a rent of
£6, 000 per annum.
_Rating Assessment_
£13, 000 Obtained from the Valuation Office Agency (). The ubr for the period
2022/2023 is 51. 2p in the pound. Rates payable are therefore £6, 656 less any
Small Business Relief or any other discounts, which might be applicable.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: