44 Catcote Road
County Durham
TS25 4HG

Freehold Retail and Residential Investment

  • Let to Coral Racing Ltd until 2027 (no breaks)
  • Includes self-contained flat
  • 2021 Rent Review minimum 2.5% pa compound uplift
  • Neighbouring occupiers include Spar, One Stop, Pizza Hut and an eclectic mix of local traders
  • Lot
  • Auction
  • Rent
    £15,840 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price*
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
  • 44 Catcote Road<br>Hartlepool<br>County Durham<br>TS25 4HG
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

10 miles north of Middlesborough
18 miles south-east of Durham
A179, A689, A1
Hartlepool Train Station
Newcastle International Airport

The property is prominently situated on the west side of Catcote Road, approximately a mile and a half south-west of Hartlepool town centre. Neighbouring occupiers include Spar, One Stop, Pizza Hut and an eclectic mix of local traders.




The property comprises ground floor retail accommodation and a self-contained first floor residential flat.


VAT is not applicable to this lot.

Completion Period

Six Week Completion


Available from the legal pack at acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview/
104.55 sq m
(1,125 sq ft)
Self-contained flat
LTD (1)
16 years from
03/02/2011 on a
full repairing and
insuring lease (2)
minimum 2.5%
p.a. Compounded
Total CommercialFloor Area
104.55 sq m
(1,125 sq ft)

(1) For the year ending 31st December 2017, Cora Racing Limited reported a turnover of £598,371,000, pre-tax profits of £7,642,000 and a total net worth of £75,914,000 (Source: Experian Group 07/01/2020).
(2) The lease provides for a rent review in March 2021 to either a minimum of 2.5% per annum compounded or open market rental value. The rent will therefore rise to a minimum of £17,921.51 per annum upon review.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Site Plan
    Updated Date
    File Size
    538 KB
    View PDF
  • Catalogue Page
    Updated Date
    File Size
    533 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    File Size
    57 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    File Size
    585 KB
    View PDF


John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Grove Tompkins Bosworth 54 Newhall Street
West Midlands
B3 3QG
Matthew Hann 0121 236 9341matt@gtb-solicitors.com

Useful Links

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now