Commercial investment. 9 Individual tenanted garages. Rental Income £8,100 per annum. 13.5 % based on a guide price of £60,000. Within a secure gated compound. 1 mile to the north of Hartlepool town centre. Excellent investment opportunity.

Auction Guide Price £60,000 +
Ref I306

Live Auction on Tuesday 30th September 2025 – Option 1
For Sale by Auction. Terms and Conditions apply, see agentspropertyauction.com

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400

Location
The garages are located to the rear of 20 Windermere Street, Hartlepool (TS25 5BS), within an established residential area. Windermere Street lies just off Stockton Road (A689), a main route providing excellent links into Hartlepool town centre, which is approximately 1 mile to the north. The surrounding area is predominantly residential, with a mix of terraced housing and local amenities close by.
The site benefits from convenient access to local shops, schools, and bus services, while the A689 connects easily to the A19 for routes towards Middlesbrough, Sunderland, and beyond.

Description
We are pleased to present to the market this block of nine garages, of traditional brick construction with flat roofs.
The garages are accessed directly from Windermere Street via a secure metal gate, providing additional privacy and security.
We are advised that all units are currently tenanted, generating a total rental income of £8,100 per annum. This offers an attractive investment opportunity with established income in place.

Rental Income
£8,100 per annum

Yield
13.5 % based on a guide price of £60,000

Auction Guide Price
£60,000 +

Viewing
Strictly by appointment through this office.

Tenure
Freehold

Viewing
Strictly by appointment through this office

Auction
Live online auction, bidding starts Tuesday 30^th September 2025, terms and conditions apply, see website www.agentspropertyauction.com