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Commercial

1-22 Newcomen Terrace, TS10

Reduced £675,000Available

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About 1-22 Newcomen Terrace, TS10

Browns Estate Agency are now in receipt of an offer for the sum of £660,000 for 19-22 Newcomen Terrace, Redcar, TS10 1AU.

Anyone wishing to place an offer on the property should contact Browns Estate Agency on 01642 607607 before exchange of contracts.

Substantial former residential care home situated in a prominent position with panoramic sea views.

Set over 4 floors (including a basement with offices and a laundry) The premises is currently configured for 27 bedrooms with en suite toilet facilities, along with amenity rooms and support facilities.

Externally there is some off road parking and an enclosed rear seating area/ garden.

This substantial property could be developed to suit a number of different occupiers, subject to the necessary planning and building control consents.

The premises was previously four residential dwellings that were set over 4 floors (remaining split into 4 title deeds).

Close to the vibrant northern quarter of Redcar, surrounding operators include restaurants, licenced premises and independent retailers.

Redcar train station, the newly built Regent Cinema and the sea front are adjacent to the premises.

Neighbouring occupiers include a conference centre, luxury flats and holiday lets.

There is also a public car park to the rear of the property.

Further details are available by request.

Accommodation

Sizes and floor plans and EPC to follow.

Business Rates

Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.

Tenure

Freehold

Proposed Terms

Freehold £675,000

Legal Costs

The purchaser would be responsible for there own legal costs incurred in connection with this transaction together with any Stamp Duty and VAT where applicable.

Vat

All offers where made silent of VAT are deemed to be made exclusive thereof.

Notes

All measurements are approximate and are for guidance purposes only.

Energy Efficiency Rating

Council Tax Information

You can find out your council tax band by using the option below:

05-DEC-23
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