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For Sale - Residential Investment Opportunity in S, The Town House, Skinner Street, Stockton on Tees, TS18 1DY

not specified / Other / Residential

For Sale - £1,650,000.00

Available - Last updated: 02 October 2019

The property comprises a prominent, high quality,
four storey block currently providing 18 two, three
and five bed apartments with private parking. With
minor alterations the building can be converted to
provide 24 two and three bed apartments. Newly
refurbished commercial/retail space producing
additional income is located at ground floor level.
The property occupies an enviable position being
close to a diverse mix of uses including a broad
retail and leisure offer along High Street to the
east, along with The Teesside Retail Park which
accommodates a range of national retailers located
approximately 2.5 miles to the east.

- Excellent residential investment opportunity with additional commercial income
- Passing rent £179,859 per annum (including guaranteed retail rent of £9,000 per annum)
- Close proximity to town centre amenities and transport links
- Fully furnished and well appointed throughout with onsite secure car parking
- Offers IRO £1.65 million

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £1,650,000.00 NA

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Dai Powell

Avison Young

0113 347 1046

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