Block of flats for sale in Catcote Road, Hartlepool TS25
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- 10 residential apartments
Property description
The property is located on Catcote Road, approximately 3 miles south of Hartlepool town centre. The flats are located in a residential area, which is served by The Fens Shopping Centre, which has a good selection of operators including: Tesco Express, Greggs, Well Pharmacy, as well as numerous independent operators. Transport links for the property are good, with the A689 approximately 350 metres away. This provides a quick link into the town centre.
Description
The investment is arranged as 5x3,4x2 and 1x1 bedroom apartments, all let on ast’s. The apartments are situated at first floor level above the commercial element of The Fens Shopping Centre. Access to the flats is via the rear of the property.
Price Offers in the region of £680,000 for the long leasehold interest. This represents a low capital value of £83.95 psf, which is less than replacement cost.
The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.
VAT The premises are not elected for VAT
EPC Rating tbc
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Assembly Commercial Real Estate, SE1 on +44 20 3641 3212 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Assembly Commercial Real Estate, and do not constitute property particulars. Please contact Assembly Commercial Real Estate 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.