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For Sale by Auction on 22nd May 2025, Retail & Residential Investment, 49-49a Middle Street, Horden, TS27 4EE

1,788 Sq Ft / Retail / Investment

For Sale - £85,000.00

Available - Last updated: 28 April 2025

For Sale by Auction on 22nd May 2025

An end of terrace building of traditonal construction beneath a pitched roof. The property is arranged as a ground floor retail unit with rear ancillary accommodation. The first and second floors are arranged as a split-level self-contained two bedroom flat with its own side entrance from Fifth Street. Additonally there are advertsing hoardings on the Fifth Street elevation.

Location

Blackhall Colliery lies on the north east coast of England approximately 13 miles east of Durham and 5 miles north west of Hartlepool. It lies on the A1086 linking Hartlepool and Peterlee to the east of the A19 dual carriageway, which can be accessed via the B1281. Rail services can be found at nearby Hartlepool and Horden railway stations and a number of bus routes serve the area.

Middle Street forms part of the A1086 with the property lying on its east side at the junction with Fifth Street in a mixed residential and commercial area.

Accommodation

49 Middle Street

Ground Floor - Retail - 45.60 sq m (491 sq ft)

Ground Floor - Ancillary - 38.56 sq m (415 sq ft)

49a Middle Street

First/Second Floor Two Bedroom Flat - 82.00 sq m (882 sq ft)

Advertising Hording - Flank Wall

Terms

Tenure - Freehold

Guide Price - £85,000

Energy Performance Indicator:

49 Middle Street - Rating 75 Band C

49a Middle Street - Rating 61 Band D

Specification

  • Freehold retail and residential investment
  • Prominent corner position
  • Includes a two bedroom flat and advertising hoarding
  • Fully let producing £11,950 per annum
  • Guide price reflects a gross initial yield of 14.06%

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £85,000.00 NA

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Agency Team

BidX1 Commercial

020 3151 9502

Simon Bailey

BidX1 Commercial

020 3151 9486

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