Sold Price: £73,000, 1 Andrew Street, Hartlepool, Durham, 433+51762

Property Details

Location

Located on the corner of Stockton Street and Huckelhoven Way with access from Andrew Street the property sits in a prominent position East of Hartlepool town centre. Opposite is the Middleton Grange Shopping centre with occupiers such as River Island, JD Sports and Primark. In addition to the shopping centre the Hartlepool College For Further Education is 150m to the north.

Description

Prominent end terrace two storey commercial building part income producing. The ground floor is let to a convenience store at a rent of £10,200 per annum. The first floor is currently vacant and may be suitable for alternative uses subject to the necessary consent.

Accommodation

Ground Floor	Ground Floor Sales, Office, Internal storage
First Floor	Retail Area, Public Toilets,

*The above description was taken from the business rates section of www.tax.service.gov.uk.

Planning

Planning was approved in 2010 for the 'Erection of two storey extension to front and change of use from A1 retail to mixed use A1 retail with cafeteria at ground floor and A3 restaurant at first floor' (H/2010/0053). It is understood that this has lapsed. The vacant first floor may be suitable for alternative uses subject to the necessary consent. Interested parties should consult direct with the Planning Services, Level 1, Civic Centre, Hartlepool, TS24 8AY Telephone: 01429 523741 Email: [email protected]

Tenancy

Ground floor retail unit let at £850 pcm (£10,200 pa) from April 2016 for 10 years.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

Addendum

*Please note that no rent has been received from the tenant since the appointment of the receiver.