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Freehold Former Bank Opportunity

Hartlepool, TS26 - Get Access

Description

The property comprises a former bank building (150-154 York Road) together with an adjoining vacant retail unit (156) and vacant former offices at 156 (first and second floors), with a floor area of approximately 597.86 sq. m. (6,435 sq. ft.) arranged over basement, ground, first and second floors. The property is prominently situated on York Road, a busy arterial route within a well established retail thoroughfare, approximately 0.5 miles west of Hartlepool town centre. The location benefits from being within walking distance to Middleton Grange Shopping Centre and Hartlepool Railway Station. Nearby occupiers include Barclays, Lloyds Bank, Domino's, Morrisons and a range of local businesses. Tenure is Freehold.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 6,435 sq ft (Listing)

The property is a substantial multi-storey former bank and mixed-use commercial building situated on a busy arterial retail thoroughfare in Hartlepool. We evaluated the asset by examining regional commercial property values for secondary retail and office floor space. The building spans approximately 6,435 sq ft across basement, ground, first, and second floors, occupying a prominent corner position. Condition is sound overall with a score of 6/10, though the exterior facade requires minor cosmetic refreshment around the fascia band.

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