£95,000

Retail premises for sale

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Freehold

£95,000

(£147.29/sq. ft)

Retail premises for sale

4, Ramsgate, Stockton On Tees TS18

645 sq. ft

Local area information

Property location

Nearby amenities

  • Mill Lane Primary School 0.3 miles
  • St Cuthbert's RC Voluntary Aided Primary School 0.4 miles
  • Stockton 0.5 miles
  • Thornaby 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Ground Floor Investment Property
  • Established Commercial Location
  • Close to High Street
  • Annual Income £6,600 per annum
  • Business Rates Exempt
  • For qualifying businesses
The property to let is situated in Ramsgate, close to Stockton High Street and retail frontages. Ramsgate offers a mix of retail and leisure users with offices and residential above.

Stockton is located on the bank of the River Tees, 5 miles East of Middlesbrough and 45 miles South of Newcastle upon Tyne. The town has excellent road links to the A66 which provides access to the A19 and A1(M) networks.

The property comprises a ground floor retail unit with kitchen facilities and associated cloakroom and wc’s.

The property is let to John Kidson who trades as Fantacy Fragrances / Holistic Massage Treatment.
Terms

Let to John Kidson on a 3-year lease which commenced 1 March 2023 and expires 28 February 2026.
£6000 per annum until 28/02/24
£6360 per annum from 01/03/24 until lease expiry on 28/02/26.

3 upper floor flats with a ground rent totally £600 per annum.

The premises are available to buy Freehold with offers in the region of £95,000 invited.
Rates

The property has a Rateable Value of £5,200.
Energy performance certificate

C (71)

Accommodation:
Ground floor: 645.00 sqft

More information

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  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Teeside
  5. Stockton-on-Tees
  6. Ramsgate

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