£90,000

Property for sale

  1.  106 High Street, Redcar Ts10 3DL
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Auction

From

£90,000

Property for sale

High Street, Redcar TS10

Local area information

Property location

Nearby amenities

  • Zetland Primary School 0.2 miles
  • Redcar Central 0.3 miles
  • Sacred Heart Secondary Catholic Voluntary Academy 0.6 miles
  • Redcar East 0.7 miles

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

Read our area guide for Redcar to find out more about the local area.

Features and description

  • To be offered on Wednesday 22 October
  • Mid terrace freehold retail investment
  • Comprises a large ground floor retail premises
  • Situated in the heart of Redcar town centre
  • Investment let at £11,880 per annum (13.2% giy on guide price)
  • Tenant not in occupation
Strapline

Auction Sale - 21/10/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -

A mid terrace freehold retail investment comprising a large ground floor retail premises. Situated in the heart of Redcar town centre.

Investment let at £11,880 per annum (13.2% giy on guide price).

Description

The property comprises a large ground floor retail premises located at the heart of Redcar.

Let on a commercial lease producing a total rent of £11,880 per annum.

The property is at present let to Farplace Animal Rescue* for a term of 10 years from 20th August 2019 at a current rent of £11,880 per annum and the lease contains full repairing and insuring covenants. No breaks.*Tenant not in occupation. Farplace Animal Rescue are an animal welfare charity that operate from 39 charity shops across the UK and have been established since 2008.

Location

The property is situated in the heart of the town centre on the south side of High Street, close to Regent Walk Shopping Centre where retailers include Home Bargains and jd Sports. Other nearby occupiers of the High Street include Iceland, Morrisons, B&M, The Works, Wilko, Costa Coffee, Greggs, Sports Direct and WHSmith, amongst others.

Tenancy

Let to Farplace Animal Rescue 10 Years from 20 August 2019

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Savills - National Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Savills - National Auctions for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. North Yorkshire
  4. Teesside
  5. Redcar
  6. High Street