Summary - Park Tower, Park Road, Hartlepool, TS24 TS24 7PT
1 bed 1 bath Shop
**Standout Features:**
- Grade II Listed neoclassical landmark building
- Prime corner location near Hartlepool Northern School of Art
- Multi-let setup with both commercial and residential spaces
- Significant total area of approximately 11,460 sq ft
- Current tenant leases demonstrating strong occupier demand
- Future renovation potential for increased rental income
**Property Summary:**
Presenting a unique investment opportunity, this exceptional Grade II Listed building on Park Road, Hartlepool, exudes charm and character with its ornate design and large windows. With a sizable floor area of approximately 11,460 square feet, the property is comprised of retail/office spaces and residential apartments, including two retained flats offering the potential for profit through modern upgrades and refurbishments.
Located in a prominent area opposite Hartlepool College, the property is strategically positioned to attract tenants, highlighted by a new lease agreement starting June 2025. While the property currently experiences high crime levels and resides in a deprived area, its proximity to quality local schools and amenities enhances its appeal.
Investors will appreciate the viable existing income from current tenants and the future potential of the vacant commercial space. With a competitive asking price of £850,000, this is an unmissable opportunity for savvy investors looking to capitalize on Hartlepool's evolving rental market.
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