Thames Road, Redcar, TS10

For Sale - Freehold - £120,000

2 Bedrooms, 1 Reception, 1 Bathroom, Commercial, Freehold

We welcome to the market for sale this freehold property which offers a rare opportunity to acquire a fully tenanted mixed-use investment in a popular Redcar location.

The ground-floor commercial unit is occupied under a secure lease, while the first-floor flat provides steady residential income.

Ideal For
• Investors seeking a ready-made income-producing asset
• Buyers looking for a mixed commercial/residential portfolio addition
• Those wanting a long-term, low-maintenance investment

This versatile investment opportunity includes:

First Floor Flat

• Two-bedroom apartment
• Currently tenanted at £495 PCM
• EPC Rating: E - https://find-energy-certificate.service.gov.uk/energy-certificate/8500-5285-2229-6297-8613
• Council Tax Band: A
• Accommodation includes: entrance hallway, landing, lounge, kitchen, bathroom, and two bedrooms

Ground Floor Commercial Premises

• Trading as a takeaway
• Currently occupied under a commercial lease until 31st July 2027
• Rental income: £1,650 per quarter
• Rear yard
• EPC Rating: C - https://find-energy-certificate.service.gov.uk/energy-certificate/6170-9187-6084-4078-1149

Tenure: Freehold

Ground Floor Commercial Premises
First Floor Flat
Bedroom 1		11'0" x 14'6" (3.35m x 4.42m) Carpeted. Wardrobes. Blinds.
Bedroom 2		12'6" x 7'0" (3.81m x 2.13m) Carpeted. Electric radiator.
Kitchen		12'6" x 11'3" (3.81m x 3.43m) Smoke detector. Base & wall units. Electric cooker. Washing machine. Fridge. Extractor fan.
Lounge		11'3" x 12'0" (3.43m x 3.66m) Carpet. Blinds & Curtains. Electric radiator. Modern electric fireplace.
Bathroom		7'6" x 8'0" (2.29m x 2.44m) White bathroom suite. Bath with shower over & glass shower screen. Toilet. Wash basin. Cupboard. Vinyl flooring.

Branch Address
Exchange Buildings
17-19 Cleveland Street
Redcar
TS10 1AR

Contact
A: Redcar Lettings Co
T: 01642 483430
E: info@redcarletting.co.uk

Reference: REDCA_003190

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further enquiries to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.