Summary - High Newham Court, Stockton-On-Tees TS19 8PD TS19 8PD
1 bed 1 bath Retail Property (out of town)
**Standout Features:**
- Freehold investment opportunity comprising 9 retail units
- Established retail parade opposite University Hospital of North Tees
- Annual income production of £50,960
- Potential for additional income via management fees
- Large total size of 10,653 square feet
- Excellent mobile signal and average broadband speeds
**Concise Overview:**
Discover a lucrative freehold investment in High Newham Court, Stockton-On-Tees, featuring nine retail units in a well-established community retail parade. This strategically located property offers a robust annual income of £50,960 and is perfectly positioned across from the University Hospital of North Tees, attracting consistent foot traffic. With a total size of over 10,653 square feet and long leases already in place for three retail units and adjacent apartments, this investment presents extensive income opportunities, including ground rent and potential management fees if the new owner chooses to manage the property directly.
The area, while classified as a city with some socioeconomic challenges, boasts a variety of walkable amenities, including bakeries, fast food outlets, and healthcare services, enhancing its appeal to potential tenants and customers. Given its solid occupancy rate and income potential, this opportunity may not last long in the market—envision shaping the future of retail investment while securing consistent returns. Don’t miss out on making this valuable addition to your portfolio!
Out-of-town retail property for sale in High Newham Court, Stockton-On-Tees TS19 8PD, TS19 — £50,000 • 1 bed • 1 bath • 4348 ft²
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