Summary - Bishopton Lane, Stockton-on-Tees, Durham, TS18 2AJ TS18 2AJ
1 bed 1 bath Retail Property (high street)
**Key Features:**
- **Mixed-Use Portfolio**: 4 properties available for auction, ideal for investment in a bustling area.
- **Prime Location**: Situated on Bishopton Lane, close to Stockton High Street and essential amenities such as the railway station, medical center, and local shops.
- **Current Income**: Stable rental income from leased ground floor units (Barbers, Trophy Shop, Dog Groomers) and additional income potential from upper floors.
- **Renovation Potential**: 68 Bishopton Lane is newly refurbished and vacant, with estimated rental potential of £13,200 per annum.
- **Freehold Tenure**: Secure ownership with flexible options for future development (subject to planning permission).
This diverse retail portfolio offers an attractive investment opportunity in Stockton-on-Tees, encompassing a total area of 3,000 square feet. The established mixed-use neighborhood boasts a high footfall, ensuring steady customer traffic for retail operations. The properties are currently generating significant rental yield, with established tenants providing immediate income. Situated in an area with essential services, including schools rated 'Good' and 'Outstanding' by Ofsted, it presents great potential for family-friendly developments and business ventures alike.
However, potential buyers should be aware of the local area's high crime rates, which may influence the investment appeal. The properties may also require attention regarding ongoing maintenance or security measures. With a competitive auction price of £395,000, this unique offering is unlikely to remain on the market for long—seize the opportunity to capitalize on this promising investment!
High street retail property for sale in High Street, and 2 and 2a Yarm Lane, Stockton-on-Tees, Durham, TS18 1AA, TS18 — £350,000 • 1 bed • 1 bath • 5809 ft²
Commercial property for sale in High Street, Stockton-On-Tees, TS18 — £250,000 • 2 bed • 1 bath • 14000 ft²
Block of apartments for sale in 1 Yarm Lane, Stockton-On-Tees, TS18 — £375,000 • 1 bed • 1 bath
High street retail property for sale in Hartington Road, Stockton, Stockton-on-Tees, Durham, TS18 1HE, TS18 — £100,000 • 1 bed • 1 bath
High street retail property for sale in 18-20 Yarm Lane, Stockton on Tees TS18 1ET, TS18 — £30,000 • 1 bed • 1 bath • 1572 ft²
18 bedroom block of apartments for sale in Skinner Street, The Town House, TS18 — £1,500,000 • 18 bed • 1 bath • 710 ft²
