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    County Durham
    T: 01325 728333
    E: codurham@northgates.net
    Avenue House, Suite 3 Greenwell Road, Newton Aycliffe, DL5 4DH
    Teesside
    T: 01642 813222
    E: teesside@northgates.net
    8 Town Square Billingham TS23 2LY
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    Sold STC

    Cutting It, 62 Redcar Road, Stockton-On-Tees, Thornaby, TS17 8LQ

    Offers In Excess Of £130,000Freehold

    5
    Map

    Property Calculators

    Property Value (£)
    Deposit (£) 10.00%
    Duration (Years)
    Interest Rate (%)

    Mortgage

    Estimated Monthly Mortgage Payment:
    £618 /mo.
    25 Years, 4% Interest
    Loan
    £117,000
    Total Repay
    £185,271

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £100
    0% up to £125,000
    2% from £125,000 to £130,000
    Your effective stamp duty rate is 0.08%

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    Sold STC

    Offers In Excess Of £130,000

    Cutting It, 62 Redcar Road, Stockton-On-Tees, Thornaby, TS17 8LQ

    5 Receptions

    Key Information

    Tenure:Freehold
    Council tax band:C
    Broadband:up to 10000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Excellent Investment Opportunity
    Upstairs Currently Let To Aesthetics Business
    Ground Floor Vacant, Previously A Hair Salon & Barbers
    Public Parking To Front Of Property
    Energy Efficiency Rating: TBC
    Re-Wired 2024

    Description

    We are delighted to present this exceptional commercial property to the market, offering a unique investment opportunity for discerning buyers.

    Located in a prime location with excellent visibility, this commercial building boasts a versatile layout that is ideal for a variety of business uses. The property comprises a ground floor shop that was previously operated as a successful hair salon, complete with rear yard access and a convenient w/c. Adjacent to the shop is a second ground floor room that was previously utilised as a barbershop, providing a space to be let separately or part of the whole ground floor.

    Ascending to the first floor, the property offers further potential with a spacious accommodation that includes a w/c, a reception room, and two well-appointed beauty rooms. Currently, the first floor is leased to an aesthetics business, providing a steady rental income stream for the prospective owner. This existing tenancy offers immediate returns on investment, making this property an attractive proposition for savvy investors seeking a reliable income source.

    For those looking to expand their business operations or venture into the thriving commercial property market, the ground floor of this property presents a blank canvas awaiting customisation. With the previous hair salon and barbershop spaces now vacant, the possibilities are endless for new business ventures to flourish.

    Conveniently situated in an area with public parking available in front of the property, this commercial building benefits from high foot traffic and excellent accessibility for both customers and employees.

    In summary, this commercial property represents a remarkable investment opportunity with a solid existing income stream from the leased first floor premises and ample potential for further development on the ground floor. Whether you are a seasoned investor looking to expand your portfolio or a budding entrepreneur seeking a promising business venture, this property offers the perfect foundation for success in a thriving commercial market. Contact us today to arrange a viewing and explore the endless possibilities that await at this prime commercial location.

    RE-WIRED 2024.

    While we have made efforts to ensure the accuracy of the information provided in our sales particulars, please note that we have gathered this information from the seller. Should you require further details or clarification on any specific matter, we kindly request you to contact our office where we are ready to gather evidence or conduct further investigations on your behalf.

    It is important to note that Northgate has not tested any of the services, appliances, or equipment within this property. Therefore, we strongly recommend that prospective buyers arrange for their independent surveys or service reports before finalising the purchase of the property.

    Shop One 14' 10" x 13' 3" (4.51m x 4.04m)

    Shop Two 14' 10" x 3' 10" (4.51m x 1.16m)

    Wc 4' 0" x 5' 9" (1.21m x 1.76m)

    First Floor Wc 4' 0" x 5' 9" (1.21m x 1.76m)

    Reception 15' 1" x 11' 9" (4.59m x 3.58m)

    Beauty Room One 7' 3" x 14' 9" (2.22m x 4.49m)

    Beauty Room Two 7' 2" x 12' 3" (2.19m x 3.74m)

    Viewings not available

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