Retail premises for sale in 62 - 64 Murray Street, Hartlepool TS26, £150,000

150,000.00

Offer Nr.:
64059500
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Greig Cavey
Phone(s):
01429 718911

❖ Mixed use property made up of three parts
❖ Ground floor retail unit with upper floor storage, flat and retail unit
❖ Flat and retail unit are both let
Located in a prominent location close to Sainsbury’s convenience store
❖ Free on street car parking
**For sale
**
_Description_
Mixed use property made up of three parts; Ground floor retail unit with upper
floor storage (62 Murray Street), Ground floor retail unit (64 Murray Street)
and First floor two bedroom flat (64a Murray Street). The first and second
floor flat is let at an annual rent of £3, 900 per annum. The Ground floor
retail unit (64 Murray Street) is let under a 6 year lease at a stepped rent
of Year 1 £4, 050 pa, Year2 - 3 £5, 400 pa, Year 4 - £5, 600 pa, Year 5 - £5, 800 pa
and Year 6 £6, 000 pa. 62 Murray Street is vacant.
_Location_
The property is located on Murray Street to the West of Hartlepool Town
Centre. Murray Street includes a variety of retail units, convenience stores,
charity shops, cafes, hair salons and hot food takeaways. There is free short
stay on street parking to the front of the property.
_Accommodation_
62 Murray Street extends to approximately 110sq m/1184sq ft and comprises of a
sales area, kitchen & WC on the ground floor. The first floor is arranged to
provide a further WC and two offices / stores. The second floor provides two
further store rooms.
Ground Floor, 64 Murray Street extends to 48sq m/ 516sq ft and comprises of a
sales area, storage area / kitchen and WC.
64A Murray Street is a two bedroom flat which comprises of a ground floor
entrance hallway, bathroom, kitchen, lounge and two bedrooms.
_Energy Performance Certificate_
The Energy Performance Certificates have been commissioned and will be
provided on request.
_Services_
As far as we are aware each of the Commercial parts of the building have their
own independent supplies of water and electricity. The first and second floor
flat has its own independent supplies of gas, water and electricity.
Interested parties should make their own enquiries in this regard.
_Terms_
For sale freehold, subject to the existing tenancy at an asking price of
£150, 000.
_Rating Assessment_
62 Murray Street - £4, 150 (Effective April 2023)
64 Murray Street - £3, 400 (Effective April 2023)
The Business Rate multiplier is currently 51. 2p in the pound rv for large
business and 49. 9% for smaller businesses.
We understand that the upper floor flat falls within Council Tax Band A.

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