Summary - High Street, Redcar, TS10 TS10 3DU
4 bed 1 bath Commercial Property
**Standout Features:**
- Prime High Street location with high foot traffic
- Large commercial unit and a separate four-bedroom maisonette
- Freehold property with potential for rental income
- Proximity to seafront and various amenities
- Mixed-use offering—ideal for investors or families
**Downsides:**
- High crime rate in the local area
- Property may require renovation for optimal use
This versatile mixed-use property, situated in a bustling section of High Street, Redcar offers an exciting investment opportunity. The ground floor features a spacious commercial unit, perfect for retail or dining, that benefits from significant foot traffic, while the four-bedroom maisonette above provides separate living accommodations with its own entrance—ideal for families or tenants. With rental potential estimated at around £950 for the commercial space and £750 for the maisonette, savvy investors can capitalize on both residential and commercial income.
The property's location near the seafront and various amenities ensures a vibrant environment, appealing to businesses and families alike. While it showcases excellent potential for returns, please note the high crime rate in the area, necessitating careful consideration. The future flexibility to renovate or repurpose the space further enhances its value. This sizeable property, with its unique blend of commercial and residential functions, won't stay on the market for long. Act now to explore its possibilities!
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