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Hope House, Peterlee

Retail storefront for sale in Peterlee

£220,000 / 1,972 sq ft

by Pattinson Commercial
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Highlights

Features

Full address
Hope House, Seaside Ln, Peterlee SR8 3AS
Asking price
£220,000
Links
Pdf #1 marketing brochure/flyer

Sale details

There is 1 space available. This measures 1,972 sq ft.

Sale unit Available

Unit
Sale unit
Size
1,972 sq ft
Price
£220,000
Price per sq ft
£111.56
  • We are advised the ground floor retail is currently tenanted on a 5 year lease with a cash machine to the front of the property achieving £1,200 per annum with an annual income of approximately £7,000 per annum.
  • We are advised the ground floor retail is currently tenanted on a 5 year lease at £485pcm.
  • With a cash machine at the front of the building the licence is £100pcm with a commission income of £1,200. Achieving an annual income of approximately £7,000 per annum.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for Hope House, Peterlee

The property briefly comprises of a retail area and flat to the ground floor with another flat on the first floor. The subject property is well located along Seaside Lane, Easington. The property is located close to all local amenities and transport links with the closest bus stop being a minutes walk away.

Building subtype
Retail storefront
Number of storeys
2
Total building area
1,972 sq ft
Rentable building area
1,972 sq ft
Lot size
0.03 acres
Construction material
Masonry
Year built
1995

Map & nearby

Hope House, Peterlee

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Meet the team

Pattinson Commercial

  • Ajibola Owulade
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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Pattinson Commercial. Realla 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 Pattinson Commercial for full details and further information. 11454340