Investment

3 x TERRACED PROPERTIES 36, 38, 40 AVENUE ROAD CONSISTING OF COMMERCUAL AND RESIDENTIAL READY FOR FUTURE DEVELOPMENT WITH EXISTING INCOME GUARANTEED.

We are delighted to offer to the market three 3 storey terrace property consisting ground floor double open plan retail area and office, four 1 bedroom flats and second floor office. The retail unit and office are tenanted as well as 2 of the flats with the second floor office and reaming 2 flats vacant. This is an excellent investment opportunity or future residential development opportunity stpp.

The property is located on Avenue Road close to the Town centre of Hartlepool. Hartlepool is a coastal town which lies some 13 miles north-east of Darlington and 9 miles north of Middlesbrough and enjoys excellent road access via the A19.

36 – 38 Avenue Road
Area – Ground Floor
Tenant – Zenith Mobility
Lease – Circa 1 years remaining of a 3 year lease
Rent – £5,200 per annum

40 Avenue Road
Area – Ground Floor
Tenant – P.R.O.P
Lease – Circa 1.5 years remaining of a 3 year lease
Rent – £4,200 per annum

36 – 38 Avenue Road
Flat 1
Area – First Floor
Tenant – Vacant
Lease – Vacant
Rent – Vacant

Flat 2
Area – First Floor
Tenant – Private
Lease – Rolling
Rent – £4,420 per annum

40 Avenue Road
Flat 40A
Area – First Floor
Tenant – Private
Lease – Rolling
Rent – £4,080 per annum

36 – 38 Avenue Road
Office
Area – Second Floor
Tenant – Vacant
Lease – Vacant
Rent – Vacant

40 Avenue Road
Flat 40B
Area – Second Floor
Tenant – Vacant
Lease – Vacant
Rent – Vacant

Property details provided by Rook Matthews Sayer
EPC rating: D, D, E and G
Council Tax band: A
Tenure : to be advised

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION TAKING BIDS NOW OPTION 2

36 Avenue Road
Ground Floor / Retail 86.21 sq.m 928.04 sq.ft

38 Avenue Road
Ground Floor / Retail 56.13 sq.m 604.22 sq.ft

40 Avenue Road
Ground Floor / Office 49.97 sq.m 537.97 sq.ft

36-38 Avenue Road
First Floor
Flat 1 34.59 sq.m 372.38 sq.ft
Flat 2 N/A N/A

40 Avenue Road
First Floor
Flat 40a

36-38 Avenue Road
Second Floor
Office 71.14 sq.m 765.83 sq.ft

40 Avenue Road
Second Floor
Flat 40b 37.45 sq.m 403.2 sq.ft

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by RMS. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.