Sign House Baltic Rd 7,534 SF Retail Building Stockton On Tees TS18 2EZ $1,615,260 CAD ($214.40 CAD/SF) 10.17% Cap Rate

The property comprises a detached two storey building, formerly occupied as a working mans club, but converted and redeveloped to provide a ground floor showroom/workshop and first floor residential accommodation.
The ground floor, which is currently occupied by N-Sign Limited, is arranged to provide a ground floor workshop and showroom. The residential element is arranged to provide 3 x 5 bedroom flats and 1 x 3 bedroom flat.
The ground floor accommodation is configured to provide a sales area/showroom, workshop, warehouse, ancillary offices, print shop, and stores together with ancillary staff rooms/kitchen facility and separate male and female w.c’s.
The first floor is arranged to provide 4 residential flats each configured to provide a communal kitchen/living/dining area together with shower/bath rooms. Each tenant also has access to a communal games/common room on the first floor.
Externally the premises benefit from partially covered parking for approximately 12 vehicles and on-site loading bay to the rear accessed by Baltic Close.