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£150,000
Mixed Use Investment Opportunity
OPPORTUNITY
Bradley Hall is delighted to be appointed to market this neighbourhood mixed use retail/residential parade, located within Blackhall. This opportunity is for a fully let, high yielding investment with asset management opportunities to increase value.
LOCATION
The block is located within Blackhall, just a short distance from Hartlepool, a district within County Durham. The property benefits from being situated on the busy A1086, linking Hartlepool and Peterlee.
DESCRIPTION
This property spans two floors of retail space, featuring a large glass frontage on the ground floor that allows in much natural light. Both levels offer an open-plan layout, ideal for versatile use. Please note, there will be a restrictive covenant in place prohibiting the operation of a convenience store, off-license, or vape shop.
ACCOMMODATION
Ground floor 184.78 sqm (1,989 sq ft)
First floor 190.15 sqm (2,046 sq ft)
Total 374.90 sqm (4,035 sq ft)
Additional yard area included
RATING ASSESSMENT
Description RV Estimated Rates Payable
Retail and storage £11,750 £5,863.25
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.
All figures are based on a standard repayment mortgage calculated from the information shown here.
I'm a first time buyer
Property is a buy-to-let or second home
Buyer is a non-UK resident
These figures are estimates and are provided for guidance only. This calculation is only a guide.
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