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63-75 Corporation Rd - Rede House
1,320 SF Retail Condo Unit Offered at $311,939 CAD in Middlesbrough TS1 1LY
Investment Highlights
- Prominent Location
- Good Transport Links
- Close to local amenities
Executive Summary
The property is prominently situated on Corporation Road adjacent to Albert Road in Middlesbrough town centre. The location lies adjacent to the A66 providing swift access across the region and all town centre amenities are within convenient walking distance. The general location is currently undergoing considerable regeneration with recent openings including Bistrot Pierre, Turtle Bay and Lane 7 all within close proximity.
Property Facts
| Price | $311,939 CAD | Sale Type | Investment |
| Unit Size | 1,320 SF | Building Class | C |
| No. Units | 1 | Floors | 7 |
| Total Building Size | 2,820 SF | Typical Floor Size | 2,820 SF |
| Property Type | Retail (Condo) | Year Built | 1966 |
| Property Subtype | Storefront | Lot Size | 0.55 AC |
| Price | $311,939 CAD |
| Unit Size | 1,320 SF |
| No. Units | 1 |
| Total Building Size | 2,820 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Sale Type | Investment |
| Building Class | C |
| Floors | 7 |
| Typical Floor Size | 2,820 SF |
| Year Built | 1966 |
| Lot Size | 0.55 AC |
1 Unit Available
Unit 2
| Unit Size | 1,320 SF | Sale Type | Investment |
| Price | $311,939 CAD | Tenure | Long Leasehold |
| Price Per SF | $236.32 CAD | Cap Rate | 13.70% |
| Condo Use | Retail | NOI | $42,735.67 CAD |
| Unit Size | 1,320 SF |
| Price | $311,939 CAD |
| Price Per SF | $236.32 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 13.70% |
| NOI | $42,735.67 CAD |
Description
Both units share an entrance into the building from the coffee shop on the right hand side, alongside this both units also share WC facilities.
Sale Notes
For Sale - £175,000 - Fixed Price
Amenities
- Energy Performance Rating - C
Nearby Major Retailers
-
Jack Taylor -
Parker Barras
Presented by
63-75 Corporation Rd - Rede House
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