Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment occupying a prime pedestrianised pitch.
Arranged as a ground floor retail unit with ancillary space to the upper parts, the property is fully let to PDSA on a five year lease expiring 05.10.2027 and paying £18,000 per annum. The tenant did not exercise their 2025 break option, displaying confidence in the location.
The property occupies a prime pitch fronting the pedestrianised Redcar High Street. The street is characterised by a mix of national retailers including Savers, Santander, Boots and Costa.
Tenure
Freehold
Tenancy
The property is let to the Peoples Dispensary for Sick Animals (PDSA) a national charity with over 100 branches, on a five year lease expiring 05.10.2027 and paying £18,000 per annum.
The tenant did not exercise their 2025 break option, displaying confidence in the location.
Rent
Notes
We understand the property is elected for VAT.