Summary - High Street, Redcar, North Yorkshire, TS10 TS10 3DQ
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime high street location backing onto the seafront
- Established restaurant & bar with takeout, currently generating £800/month
- One-bedroom flat on the 1st floor, a potential rental or personal residence
- Excellent access to local amenities and public transport
- High-speed broadband with excellent mobile signal
**Concerns:**
- Property requires renovation
- Located in a high-crime area
- Small plot size in a deprived area
Welcome to an exceptional investment opportunity in the heart of a bustling high street, just steps from the seafront. This versatile commercial property features a ground floor with a successful restaurant, bar, and takeout currently generating £800 per calendar month. Above, a charming one-bedroom flat offers the option of adding to your rental portfolio or providing comfortable living space.
This Victorian property boasts a small yet efficient plot and features standard ceiling heights throughout. While renovations are needed to unlock the full potential of this space, the excellent mobile signal and fast broadband speeds are invaluable for both business and personal use. The area is rich with amenities, including schools with Good Ofsted ratings, shops, and leisure facilities, making it a convenient location for residents and visitors alike.
Although the crime rate is high and the area is classified as deprived, the potential for growth and return on investment makes this property a compelling choice for savvy investors looking to tap into the ongoing demand for commercial space and housing in this vibrant location. Don’t miss out on this unique opportunity—schedule a viewing today and envision how you can make this property truly your own!
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