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4 Marinet Rd

4,000 SF Specialty Building Offered at $310,628 at a 12% Cap Rate in Thornaby TS17 0AS

Investment Highlights

  • Parking
  • Currently generating £30,000 annually
  • Access via A1045

Executive Summary

Steady Rental Income: Currently generating £30,000 annually, offering a solid 12% gross yield at the sale price of £250,000, providing immediate returns and long-term stability.
Versatile Use & Demand: While operating as a childcare facility, the property's flexible layout allows easy conversion to a care home, assisted living, or medical center. The growing demand in these sectors ensures strong future returns.
Prime Location: With easy access to schools, healthcare, and major roads, this property is perfectly positioned to attract tenants in both childcare and care services, ensuring high occupancy and consistent income.
Growth Potential: The expanding care sector presents opportunities for capital appreciation, rent increases, and future expansion, boosting long-term ROI.
Flexible Investment: Options to adjust lease terms or explore purchase opportunities give you the flexibility to enhance long-term returns.

Property Facts

Price $310,628
Price Per SF $78
Sale Type Investment
Cap Rate 12%
Tenure Freehold
Property Type Specialty
Property Subtype Schools
Building Class B
Building Size 4,000 SF
No. Stories 1
Year Built 1960
  • Listing ID: 34238801

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 4 Marinet Rd, Thornaby TS17 0AS

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