Summary - High Street, Redcar, North Yorkshire, TS10 TS10 3DE
1 bed 1 bath Retail Property (high street)
Rare freehold redevelopment opportunity in a busy coastal town centre.
- Freehold high street building, approx. 22,852 sq ft
- Vacant possession; ready for owner-occupation or redevelopment
- Prominent frontage in regenerating seaside town centre
- EPC B; double glazing and mains gas heating installed
- Double goods/passenger lifts, rear loading and CCTV in place
- Built 1967–1975; cavity walls assumed uninsulated
- Area: very high crime and very deprived — affects lettings
- Subdivision or alternative uses possible subject to planning
An exceptionally large freehold retail building on Redcar High Street offering 22,852 sq ft across ground and first floors. The property is vacant with full possession, a prominent high-street frontage, double goods lift, rear loading and existing security systems — a clear starting point for an owner-occupier, investor or developer.
The property suits a single occupier, subdivision or conversion to alternative uses (subject to planning). It benefits from an EPC B rating, double glazing and mains gas heating, and sits in a town centre undergoing public realm regeneration and close to Middlesbrough and Tees Valley transport links.
Buyers should note material challenges: the immediate locality records very high crime and very high deprivation, the building dates from the late 1960s–1970s with cavity walls assumed uninsulated, and the double glazing was installed before 2002. These factors may affect rental values, insurance and refurbishment costings.
For investors and developers this is a strong asset-management opportunity: large footprint, flexible Use Class E, strong frontage and scope for reconfiguration or higher-value uses if planning permits. The vacant possession simplifies immediate works and lets the new owner set the re-letting or redevelopment strategy quickly.
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