£145,000
Retail premises for sale
Property photos
£145,000
(£1.00/sq. ft)
Retail premises for sale
Skinner Street, Stockton-On-Tees TS181 sq. ft
Local area information
Property location
Nearby amenities
- Mill Lane Primary School 0.3 miles
- St Cuthbert's RC Voluntary Aided Primary School 0.3 miles
- Stockton 0.6 miles
- Thornaby 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Stockton-On-Tees to find out more about the local area.
Features and description
Turnkey Mixed-Use Investment | Skinner Street, Stockton | 10.75% Yield
Purchase Price: £145,000
Total Annual Income: £15,600
Secure a rock solid addition to your portfolio with this turnkey semi-commercial property on Skinner Street, Stockton. Offering the perfect blend of commercial stability and residential demand, this asset is a set and forget opportunity for investors looking for immediate, reliable cash flow.
The Income Breakdown
Total Monthly Rent: £1,300 pcm
Annual Return: £15,600
Gross Yield: 10.75%
Ground Floor: Retail Unit
Tenant: Established Fireworks Shop.
Lease: Long-term security with a 5 year lease in place.
Rent: £600 pcm.
Upper Floor: 2-Bedroom Apartment
Rent: £700 pcm.
A spacious, well-maintained residential unit benefiting from the high rental demand in central Stockton.
Why Invest in Skinner Street?
Turnkey Condition: This is a solid investment where you can sit back and collect rent from Day 1.
Town Centre Location: Situated in a prime pocket of Stockton-on-Tees, within walking distance of the High Street, local amenities, and major transport links.
Diversified Risk: Benefit from two distinct income streams (commercial and residential), providing a safety net against market fluctuations.
Purchase Price: £145,000
Total Annual Income: £15,600
Secure a rock solid addition to your portfolio with this turnkey semi-commercial property on Skinner Street, Stockton. Offering the perfect blend of commercial stability and residential demand, this asset is a set and forget opportunity for investors looking for immediate, reliable cash flow.
The Income Breakdown
Total Monthly Rent: £1,300 pcm
Annual Return: £15,600
Gross Yield: 10.75%
Ground Floor: Retail Unit
Tenant: Established Fireworks Shop.
Lease: Long-term security with a 5 year lease in place.
Rent: £600 pcm.
Upper Floor: 2-Bedroom Apartment
Rent: £700 pcm.
A spacious, well-maintained residential unit benefiting from the high rental demand in central Stockton.
Why Invest in Skinner Street?
Turnkey Condition: This is a solid investment where you can sit back and collect rent from Day 1.
Town Centre Location: Situated in a prime pocket of Stockton-on-Tees, within walking distance of the High Street, local amenities, and major transport links.
Diversified Risk: Benefit from two distinct income streams (commercial and residential), providing a safety net against market fluctuations.
More information
Listed by
Century Three LTD
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