Currenlty listing 1,357 upcoming property auctions in the UK
106 High Street
Address
See address
Auction date
01 Oct 2025
Guide price
£90,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Ended
Description
A mid terrace freehold retail investment comprising a large ground floor retail premises located in the heart of Redcar town centre. The property is currently let at a rent of £11,880 per annum with a lease term of 10 years, starting from August 20, 2019. The lease has full repairing and insuring covenants, although the tenant, Farplace Animal Rescue, is not currently in occupation.
- Investment let at £11,880 per annum
- 13.2% Gross Initial Yield on guide price
- Long leasehold interest with a peppercorn ground rent
Last update: 28 Nov 2025
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