Summary - THE FLOATING BUNGALOW, NAVIGATION POINT, MIDDLETON ROAD, HARTLEPOOL TS24 0UH
1 bed 1 bath Heavy Industrial
**Standout Features:**
- Prime location on Middleton Road, Hartlepool
- Former restaurant space with significant redevelopment potential
- 988 years remaining on the lease, offering long-term security
- High visibility beneficial for foot traffic and nearby amenities
- Ample space including dining areas, kitchen, and storage
- Versatile use options available (STPP) for commercial or residential projects
- Auction sale offering a unique investment opportunity
**Potential Downsides:**
- Property requires renovation
- Very high crime rate in the local area
- Broadband speeds are very slow
- Area classified as very deprived
Located in a prime position on Middleton Road, Hartlepool, this former restaurant offers a unique opportunity for savvy investors or business-minded individuals. With a long lease of 988 years, the property secures a sound foundation for redevelopment into a commercial venture, residential living, or continued use in the hospitality industry. Its spacious layout, including dedicated dining areas, kitchen space, and storage, makes it a blank canvas ready for transformation.
However, the property needs significant renovation, presenting both a challenge and a creative opportunity. The surrounding area is characterized by high foot traffic, along with numerous amenities including parks, cafés, and shops, perfect for attracting potential customers or residents. While there are current concerns regarding local crime and slow broadband, the potential for growth and adaptation remains strong. This is an opportunity not to be missed, ideal for those looking to make their mark in a rapidly evolving market. Arrange a viewing today and explore the possibilities!
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