Office for sale in High Street, Saltburn-By-The-Sea TS13

£500,000 (£500,000/sq. ft)
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Office for sale

1 sq. ft*

Property description

Investment/Development Opportunity For Sale: High street Loftus Saltburn-By-The-Sea TS13 4HW

Parker Barras are delighted to bring this development opportunity to the market.

Situated in the heart of the small market town, Loftus, the property has planning permission for conversion of the upper floors to 15 apartments, we are also advised that it is believed planning for a further 2 apartments may be granted.

R/2022/0965/cam

The ground floor commercial units currently generate an income of £2,000 Per Month, fully occupied we expect the commercial units to generate a total of £2,500 Per Month

Fully Developed and occupied the property is estimated to generate a estimated revenue of £9250 Per Calendar Month with an estimated gdv in the range of £1.3 Million - £1.5 Million .

Full floor plans detailing sizes are available.

Viewing is highly recommended.

For Sale: £500,000

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Parker Barras, TS2 on +44 1642 966828 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Barras, and do not constitute property particulars. Please contact Parker Barras for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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