£75,000
(£75,000.00/sq. ft)
Retail premises for saleGeorge Street, Stockton-On-Tees TS17
1 sq. ft
About this property
Freehold Mixed Use Investment | George Street, Thornaby | 16% Potential Gross Yield
Purchase Price: £75,000
Total Potential Income: £1,000 pcm | £12,000 pa
If you are looking for a versatile freehold asset that offers massive scope to build a highly profitable dual stream business, this mixed use property on George Street in Thornaby is a cracking opportunity. Offered with complete vacant possession, this building combines a large ground floor retail space with a self contained two bedroom flat upstairs, presenting the ultimate setup for an investor or hands on business owner.
The Property Breakdown
Ground Floor Commercial Unit (Potential Rent: £500 pcm)
The lower level comprises a spacious, highly adaptable commercial space that is fully secured by robust external roller shutters. It includes a built in kitchen and staff room, a dedicated storage cupboard, and a cloakroom WC. This unit is perfectly primed to be transformed into a thriving local business and would make an ideal office, barber shop, sandwich shop, phone repair business, or vape store.
First Floor Residential Flat (Potential Rent: £500 pcm)
The upper level holds well maintained owner or tenant accommodation benefiting from its own private access. The layout features a bright, open plan living room and kitchen, two well proportioned bedrooms, and a modern shower room.
The Financials and Infrastructure
The investment numbers stack up beautifully for anyone seeking double digit returns:
Commercial Unit Potential: £500 pcm
Residential Flat Potential: £500 pcm
Combined Revenue: At least £1,000 per calendar month, delivering £12,000 per year.
Potential Gross Yield: An incredible 16% based on the highly attractive £75,000 purchase price.
The building is fully connected to all standard mains infrastructure, including electricity, water, and sewerage, alongside gas central heating throughout.
Strategic North Yorkshire Location
Situated on George Street within the TS17 postcode area, the property sits in a busy pocket of Thornaby on Tees. It offers fantastic visibility for commercial footfall while providing residents with immediate access to local amenities, supermarkets, and essential transport networks linking directly across Stockton on Tees and Middlesbrough.
Whether you want to lease both units out for a completely passive 16 percent yield or run your own business from the ground floor while living upstairs, this freehold asset is an absolute steal.
Purchase Price: £75,000
Total Potential Income: £1,000 pcm | £12,000 pa
If you are looking for a versatile freehold asset that offers massive scope to build a highly profitable dual stream business, this mixed use property on George Street in Thornaby is a cracking opportunity. Offered with complete vacant possession, this building combines a large ground floor retail space with a self contained two bedroom flat upstairs, presenting the ultimate setup for an investor or hands on business owner.
The Property Breakdown
Ground Floor Commercial Unit (Potential Rent: £500 pcm)
The lower level comprises a spacious, highly adaptable commercial space that is fully secured by robust external roller shutters. It includes a built in kitchen and staff room, a dedicated storage cupboard, and a cloakroom WC. This unit is perfectly primed to be transformed into a thriving local business and would make an ideal office, barber shop, sandwich shop, phone repair business, or vape store.
First Floor Residential Flat (Potential Rent: £500 pcm)
The upper level holds well maintained owner or tenant accommodation benefiting from its own private access. The layout features a bright, open plan living room and kitchen, two well proportioned bedrooms, and a modern shower room.
The Financials and Infrastructure
The investment numbers stack up beautifully for anyone seeking double digit returns:
Commercial Unit Potential: £500 pcm
Residential Flat Potential: £500 pcm
Combined Revenue: At least £1,000 per calendar month, delivering £12,000 per year.
Potential Gross Yield: An incredible 16% based on the highly attractive £75,000 purchase price.
The building is fully connected to all standard mains infrastructure, including electricity, water, and sewerage, alongside gas central heating throughout.
Strategic North Yorkshire Location
Situated on George Street within the TS17 postcode area, the property sits in a busy pocket of Thornaby on Tees. It offers fantastic visibility for commercial footfall while providing residents with immediate access to local amenities, supermarkets, and essential transport networks linking directly across Stockton on Tees and Middlesbrough.
Whether you want to lease both units out for a completely passive 16 percent yield or run your own business from the ground floor while living upstairs, this freehold asset is an absolute steal.
Mortgage calculator
Monthly repayment
£375 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}