86-88 High St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
86-88 High St
7,924 SF 100% Leased Retail Building Stockton On Tees TS18 1AA $569,613 ($72/SF) 6.89% Cap Rate
Investment Highlights
- Access via A1305
- Prominent location
- Parking
Executive Summary
Commercial Investment and Development Opportunity. For Sale Freehold.
86 High Street. with cellar. Vacant with a potential rent of £10,000 per annum.
Energy Rated C
126 sq metres/ 1361 sq ft (approx)
87 High Street. Hairdressers Income of £9000 per annum.
Energy Rated C
83 sq metres/ 891 sq ft (approx)
88 High Street Ground Floor A5 Shop and First Floor of Pearl Assurance House.
£12,000 per annum. Lease commencing 23rd August 2019 for a term of 15 years (rent reviews June 2024 and June 2029.
Energy Rated E
159 sq metres (1711 sq ft (approx)
2 and 2A Yarm Road. Previously Prudential House Offices with planning permission for conversion to 6 residential flats. Permission granted 13th August 2019.
Planning 19/1238/FUL
Energy Rated G
251 sq metres/ 2701 sq ft (approx)
Car Park with parking for 12 cars
86 High Street. with cellar. Vacant with a potential rent of £10,000 per annum.
Energy Rated C
126 sq metres/ 1361 sq ft (approx)
87 High Street. Hairdressers Income of £9000 per annum.
Energy Rated C
83 sq metres/ 891 sq ft (approx)
88 High Street Ground Floor A5 Shop and First Floor of Pearl Assurance House.
£12,000 per annum. Lease commencing 23rd August 2019 for a term of 15 years (rent reviews June 2024 and June 2029.
Energy Rated E
159 sq metres (1711 sq ft (approx)
2 and 2A Yarm Road. Previously Prudential House Offices with planning permission for conversion to 6 residential flats. Permission granted 13th August 2019.
Planning 19/1238/FUL
Energy Rated G
251 sq metres/ 2701 sq ft (approx)
Car Park with parking for 12 cars
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
7,924 SF
Building Class
B
Year Built
1966
Price
$569,613
Price Per SF
$72
Cap Rate
6.89%
NOI
$39,240
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Frontage
59 FT on High Street
Amenities
- Corner Lot
- Security System
- Automatic Blinds
- Storage Space
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Accetto
- -
- 1,069 SF
- -
- -
- Animal Addiction
- -
- 1,298 SF
- -
- -
- Blessing Hair & Beauty
- -
- 729 SF
- -
- -
- Life Church Life Centre
- -
- 239 SF
- -
- -
- Uxbridge Scooters
- -
- 1,361 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Accetto | - | 1,069 SF | - | - | ||
| Animal Addiction | - | 1,298 SF | - | - | ||
| Blessing Hair & Beauty | - | 729 SF | - | - | ||
| Life Church Life Centre | - | 239 SF | - | - | ||
| Uxbridge Scooters | - | 1,361 SF | - | - |
1 of 1
Nearby Major Retailers
-
Aaron Fisher -
Magnum Properties
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
86-88 High St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.