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Guide price
£110,000

Property for sale

High Street, Eston, TS6
Auction
Property
3 beds
1,420 sq ft / 132 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
  • Situated on a bustling corner plot at the junction of High Street and Jubilee Road, the property offers high visibility and foot traffic, making it ideal for commercial success
  • The property features a rare combination of a fully equipped ground-floor micro pub with modern amenities and a separate 1-bedroom apartment above, appealing to both investors and entrepreneurs
  • The ground-floor micro pub boasts characterful exposed brickwork, a bespoke bar, and trendy modern lighting, with extended lounge area and kitchen providing additional flexible space for hospitalit...
  • The 1-bedroom apartment has its own private entrance and is currently let to a long-term tenant, generating a steady annual income of £4,680
  • The property includes a large concrete garden area facing Jubilee Road, offering potential for conversion into a parking space or other uses (subject to permissions), adding further value
  • For Sale by Modern Auction – T & C’s apply, subject to reserve price, buyers fees apply

Fantastic Investment Opportunity In Prime Eston Square Location! This Unique Property, Set On A Bustling Corner Plot At The Junction Of High Street And Jubilee Road, Offers A Rare Mix Of Commercial And Residential Potential, Making It A Perfect Choice For Investors And Entrepreneurs Alike. The Ground Floor Features A Stylish And Fully Equipped Micro Pub With Characterful Exposed Brickwork, A Bespoke Bar, And Funky Modern Lighting. The Pub Area Has Been Thoughtfully Extended Into What Was Once A 2-Bedroom Cottage, Now Offering A Spacious Lounge Area And Kitchen, Creating A Flexible And Inviting Space Ideal For Hospitality Or Other Commercial Uses.

Above The Commercial Unit Is A 1-Bedroom Apartment With Its Own Private Entrance From The High Street, Featuring A Large Lounge Area, Well-Appointed Kitchen, Comfortable Bedroom, And Bathroom. The Apartment Is Currently Let To A Loyal Long-Term Tenant At £90 Per Week, Generating A Steady Income Of £4,680 Annually.

Additionally, The Property Includes A Large Concrete Garden Area Facing Jubilee Road, Which Offers Excellent Potential To Be Converted Into A Parking Space With The Appropriate Permissions, Adding Further Value And Utility To This Incredible Opportunity. For Investors Seeking Maximum Yield, The Extended Cottage Could Be Returned To Its Original Layout As A 2-Bedroom Home, With The Potential To Achieve Rental Income Of Around £700 PCM, All While Retaining The Commercial Unit And Apartment As Reliable Income Streams.

This Is A Rare Chance To Secure A Highly Versatile Property In A Prime Location On Bustling Eston Square, Offering Multiple Income Avenues And Endless Potential For Growth. Don’t Miss Out On This Fantastic Investment—Arrange A Viewing Today!

Rooms

Cottage Lounge 3.61m x 3.45m (11ft 10in x 11ft 3in)

Cottage Kitchen 3.06m x 2.02m (10ft x 6ft 7in)

Commercial Unit 7.08m x 5.82m (23ft 2in x 19ft 1in)

Flat Lounge 4.47m x 3.65m (14ft 7in x 11ft 11in)

Flat Bedroom 3.59m x 3.19m (11ft 9in x 10ft 5in)

Kitchen 3.10m x 3.08m (10ft 2in x 10ft 1in)

Bathroom 2.22m x 1.78m (7ft 3in x 5ft 10in)

AUCTIONEERS COMMENTS
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

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The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

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About this agent

G R Estates - Stockton-on-Tees
G R Estates - Stockton-on-Tees
Stockton-on-Tees TS18
01642 048080
Full profileProperty listings
G.R. Estates is a local, independently run estate agency, providing specialist advice on property marketing and rental to property owners across Teesside. We
aim to combine excellent customer service with affordable fees.
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