131 High St 2,138 SF 100% Leased Retail Building Redcar TS10 3DQ $241,789 CAD ($113.09 CAD/SF)

A substantial property with superb investment potential. Consisting of a spacious ground floor food takeout shop let on a six year lease with an income of £800pcm and a vacant two bedroom two-storey apartment above which does require refurbishment - with rental income potential from £500pcm to £1,000 if converted to two flats. Over 10% yield/return on investment after refurb! Available now, open to offers.

Further Information - There is a 360-degree virtual tour to see above. Offers invited on the asking price.

This apartment offers a boiler central heating and water heating system, we have not verified this as working. There is also UPVC double glazed windows and external multi-locking doors.

Council tax band A / EPC energy rating D / This is a freehold property / mains utilities and sewerage with no known rights of way affecting this property.

Broadband and telephone provisions, various mobile coverage and TV services are available within the property - Please consult your supplier for further information on speed and cost.

Ground Floor Food Shop -

Main Shop - 4.60 x 9.67 (15'1" x 31'8") - This space appears to be a modern, newly refurbished restaurant or food takeaway setup, blending natural and contemporary design elements for a striking visual appeal.

Key features:

Front Counter: The counter is eye-catching, adorned with lush green artificial foliage and a vibrant, playful logo featuring a flaming chef character, adding both personality and branding to the space.

Wall Design: One wall is covered in a stone-pebble print, offering a rustic, earthy contrast to the otherwise sleek interiors. A large draped cloth suggests a sign or artwork is yet to be unveiled.

Ceiling & Lighting: The ceiling features a mix of nature-themed panels with tree canopy imagery, and striking geometric LED light fixtures that give off a futuristic, stylish glow.

Kitchen Area: The open-style kitchen behind the counter includes stainless steel appliances, suggesting a professional setup, ideal for quick service or display cooking.

Flooring: The wooden flooring adds warmth and texture, helping to balance the modern and natural aesthetics.

Seating/Service Area: Along the right, there's an extended service or prep area with stainless steel tables, possibly awaiting finishing touches.

Overall, the interior is vibrant, inviting, and designed to be both functional and visually memorable—perfect for attracting customers in a trendy, urban setting.

Rear Dining Area - 4.17 x 9.62 (13'8" x 31'6") - This beautifully designed dining area offers a warm and contemporary atmosphere, perfect for a modern restaurant or café. The space combines comfort, style, and practicality in a way that invites guests to relax and enjoy their meals.

*Highlights of the space:*

* *Seating:* The booth-style seating is sleek and comfortable, upholstered in soft greys and blacks, giving a clean, professional look. The seating is still wrapped in protective plastic, indicating the place is brand new or recently refurbished.
* *Tables:* Dark marble-effect tables with subtle veining add a luxurious touch, nicely contrasted with light wood accents on the edges.
* *Flooring:* The wood-effect vinyl flooring adds warmth and texture, enhancing the overall welcoming vibe of the interior.
* *Walls & Décor:* The deep blue walls bring a bold yet calming feel, balanced with framed photos and art that give character to the space. The mix of wall-mounted art adds visual interest without overwhelming the space.
* *Lighting:* A modern ceiling design with recessed spotlights and skylight-style panels provides ample natural-feeling light, making the room feel open and airy.
* *Air Conditioning:* Wall-mounted units ensure the space remains comfortable for guests year-round.
* *Green Touches:* Toward the back, a lush green wall brings a splash of nature indoors, creating a refreshing focal point near what appears to be a TV or digital display.

Overall, the ambiance of this dining area is stylish, fresh, and thoughtfully designed — perfect for offering customers a pleasant and memorable dining experience.

Utility - 2.10 x 1.49 (6'10" x 4'10") - This image shows a *functional and practical utility or back-of-house area*, likely part of a commercial kitchen or restaurant facility. Though utilitarian in nature, the space is well-organized and equipped for essential maintenance and cleaning tasks.

### Key Features:

* *Industrial Sink Station:* A sturdy stainless steel double sink with a commercial-grade, flexible hose tap—ideal for washing cookware, utensils, or cleaning tools. This setup is perfect for meeting hygiene and operational standards in a food service environment.

* *Storage & Shelving:* Durable metal shelving units line both sides of the room, currently holding various supplies including *paint buckets*, *cleaning products*, *sponges*, and other maintenance essentials—highlighting the multi-purpose use of the room.

* *Wall-mounted Shelves:* Additional wall shelving offers more vertical storage without sacrificing floor space, making the room more efficient and easy to navigate.

* *Utility Fixtures:* Visible plumbing and pipework under the sink are practical and accessible for maintenance. There is also an outlet socket nearby, ensuring power access for electrical cleaning equipment.

* *General Condition:* The room shows signs of recent or ongoing renovation, with some unfinished plasterwork near the ceiling and light scuffing on the walls—common in working spaces like this.

* *Floor Space:* Ample floor space allows for maneuverability and storage of cleaning equipment such as *mops and buckets*, which are neatly placed at the back.

Overall, this space is a vital part of the operational backbone of the establishment—simple, clean, and highly functional, providing the necessary support to keep the front-of-house running smoothly.

Wc - 2.07 x 1.18 (6'9" x 3'10") - This image captures a *kitchen space in the midst of renovation or restoration*, offering a blank canvas for a thoughtful redesign. Though currently in a raw and unfinished state, the room is full of potential and retains some classic structural elements.

### Key Features:

* *Bright Natural Light:* A large window lets in plenty of daylight and offers a pleasant view, making the room feel open and inviting — a great asset for any kitchen space.

* *Utility Ready:* A *boiler system* is already installed on the far wall, suggesting existing plumbing infrastructure is in place, which simplifies future kitchen installations.

* *Tiled Splashback Area:* A strip of wall tiling runs along the back, hinting at the previous kitchen setup. It can either be refurbished for a retro touch or replaced with modern finishes.

* *Rustic Wooden Flooring:* The original wooden floorboards are exposed and show signs of wear and work-in-progress but could be restored to create a charming, character-filled foundation.

* *Work in Progress:* Paint splatters, dismantled sink units, and bare patches on the walls indicate that renovation work is actively underway or recently paused. The exposed plumbing and sockets make it easy to visualize where new appliances and fixtures could go.

* *Flexible Layout:* The spacious footprint and open wall space allow for endless kitchen design options — from modern cabinetry and countertops to breakfast bars or compact dining areas.

This room holds *immense potential* for transformation into a functional and stylish kitchen. With good natural light, solid bones, and existing utility access, it pre