Acquired
Redcar – Retail Shop
106 High Street, Redcar TS10 3DLVirtual Freehold Retail Investment
Tenure
Leasehold
Lease Term
10 Years
Years Left on Lease
2y 9m
Area
1,937 SQ FT
VAT Applicable
Yes
Sector
Investment Consideration
- Comprises large ground floor retail premises t/a Charity Shop (tenant not in occupation)
- Situated in the heart of the town centre on the south side of High Street
- Nearby occupiers include Iceland, Morrisons, B&M, The Works, Wilko, Costa Coffee
Key Features
Tenure
Leasehold
VAT
VAT is Applicable
Property Description
Comprises large ground floor retail shop, providing the following accommodation and dimensions:
Ground Floor: 180 sq m (1,937 sq ft)
Open plan retail, storage, office, kitchenette, wc
Ground Floor: 180 sq m (1,937 sq ft)
Open plan retail, storage, office, kitchenette, wc
Tenancy Description
Tenure:
Long leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.
Long leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.
Tenancies & Accommodation
Location Description
The property is situated in the heart of the town centre on the south side of High Street, close to Regent Walk Shopping Centre where retailers include Home Bargains and JD Sports. Other nearby occupiers of the High Street include Iceland, Morrisons, B&M, The Works, Wilko, Costa Coffee, Greggs, Sports Direct and WHSmith, amongst others.









