Savills · 21 Oct 2026 · in 2 days
Substantial Freehold Former Retail Warehouse
79 - 85 High Street, Redcar, North Yorkshire TS10 3DE · North East
LiveIndustrialFreeholdVacant
- Guide
- £650,000
- Rent a year
- ≈£62,800est.
- Yield on the guide
- ≈9.7%est.
- Payback
- ≈10 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 28,801 sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Savills hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold industrial lot in North Yorkshire. Offered vacant, so there's no income from day one.
Substantial Freehold Former Retail Warehouse Change of Use/Development Opportunity. Planning application has been approved for 6 commercial units with works already near completion. The upper parts are vacant with possible conversion/redevelopment subject to consents. With plans prepared for 15 apartments. Comprises approximately 2,675.70 sq m (28,801 sq ft) Offered with Full Vacant Possession. Substantial Freehold Former Retail Warehouse. Change of Use/Development Opportunity. Planning application has been approved for 6 commercial units with works already near completion. The upper parts are vacant with possible conversion/redevelopment subject to consents. With plans prepared for 15 apartments. Comprises approximately 2,675.70 sq m (28,801 sq ft). Low capital value per square foot (£22.56 psf). Offered with Full Vacant Possession. The property comprises a substantial Freehold Former Retail Warehouse Change of Use/Development Opportunity. Planning application has been approved for 6 commercial units with works already near completion. The upper parts are vacant with possible conversion/redevelopment subject to necessary consents. With plans prepared for 15 apartments. Comprises approximately 2,675.70 sq m (28,801 sq ft) Offered with Full Vacant Possession. Tenure: Freehold
Figures come from Savills' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.