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25

25 - 27, Station Road, Billingham, TS23 1AF
£180,000

Our Summary

  • FREEHOLD TITLE - At 25 - 27 Station Road, This Mixed Use/Commercial Property Presents An Exceptional Investment Opportunity
  • Whether You Are Looking To Expand Your Portfolio Or Embark On A New Venture, This Commercial Property In Billingham Is Worthy Of Your ConsiderationVendor Information - The Vendor Informs Us:25 & 27 Station Road Were Originally Two Separate Units, That Have Been Opened Up Into One & Could Be Converted Back Into Two Units By Its New Owners If Desired (STPP)Both Properties Are Extended To The Rear With Building Regulations Sign Off In 2010A Lift Was Installed In 2015 Which Allows For Wheel Chair AccessThere Are 2 Water Inlets Into The Properties & The Properties Have Two Electrical Mains Inlets So Both 25 & 27 Can Run From Separate Electricity (25 Has A Recently Updated Consumer Unit, 27 Was Updated Around 15 Years Ago)Valid EICR For Both 25 And 27 - Dated 2022Front Of The Shop Benefits From A Warm And Cold Air Con Unit Installed In 2016Front Of Shop Chiller Units Are Included In The Sale And In Working OrderuPVC Double Glazing Throughout With Toughened Safety Glass To The Ground Floor & First Floor Rear Windows Recent Fire Safety Check, Passed In 2023Two Separate Electric Remote Controlled Shutters To The Shop Front, Both SidesThere Is A Ground Floor W
  • C'sLift & Separate StaircaseGated Yard AreaFirst Floor Flat: (Accessed By Staircase Or Lift)Consists Of:Large Living RoomLarge Master BedroomKitchenBathroom With A Double shower, Toilet, Hand Basin, And Heated Electric Towel RailLoft Boarded In The Centre For Storage 27 Side OnlyElectric Oil Filled RadiatorsRe-Skimmed Walls And Ceilings In The Majority Of Rooms And Bathroom Update In 2015The Property Has A Built In/Wired In Alarm System Which Secures The Whole PropertyPotential Income - Each Shop Has The Potential To Be Let - Approx
  • - £2,000 PCMThe Flat Has the Potential To Be Let As A Whole, But May Need To Create A Separate Access - Approx
  • £500 PCMThe Rooms Upstairs Also Offer The Potential To Be Let With Shared Kitchen & Bathroom - Approx
  • Originally Two Good-Sized Retail Units Opened Up Into One & Can Be Easily Converted Back (STPP)

Description

This freehold title property at 25-27 Station Road offers a unique investment opportunity, with a spacious 1,237 square foot mixed-use/commercial space that can be used for various business ventures. The property has a vast arrangement of ground floor commercial space/rooms, two generously sized first-floor rooms, a well-equipped kitchen, and a shower room. The property also features a lift for wheelchair accessibility and has passed fire safety checks and valid electrical installation condition reports. The vendor informs us that the property was originally two separate units that can be converted back into two units if desired. The property has potential income from renting out the commercial space, residential flat, or individual rooms, with approximate monthly rental values ranging from £500 to £2,000. With its prime location and substantial income potential, this property is an attractive opportunity for investors or businesses looking to expand their portfolio.