Navigation Point is located at Hartlepool Marina approximately 0.75 miles to the northeast of Hartlepool town centre and train station. The property is accessed via Middleton Road which links to the A179 in the west providing access to Stockton and Middlesborough in the south and the A19 in the west.

The Marina is arguably Hartlepool’s premier leisure offering.

The subject property was developed in 2000 and comprises a mixed-use development of brickwork construction under a pitched a hipped clay pantile roof. At ground floor the property provides a parade of 26 retail units with glazed frontages and veranda area affording covered outside seating and dining areas.

The upper floors contain residential apartments over varying levels from 1 to 5 floors.

In addition, there are 3 single storey standalone retail units.

Externally, the property has the right to use the car parking fronting the marina itself and servicing to the rear of the property.

The block of 26 retail units and residential apartments is held by way of a headlease with an unexpired term of 992 years at a peppercorn rent, subject to 27 long underlease interests.

The retail units have unexpired terms of 988 years. The residential block has 222 years unexpired.

The three stand alone retail units are held freehold subject to 3 long leasehold interests with unexpired terms of 988 years.

Service Charge and Insurance maintained by the vendor.

See tenancy schedule for further information.

The 29 retail units produce a total income of £7,314.86 per annum, rising to £14,629.72 per annum as of 1st January 2026.

27 of the retail units have 10 yearly rent reviews from and including 1st January 2026 with increases of £250 per unit at each review for the full term uncapped.

Units 3 & 4 have 10 yearly rent reviews from and including 1st January 2021 to RPI at each review for the full term uncapped. Further there are 10 yearly rent reviews from and including 1st January 2026 where the current passing ground rent doubles at each review for the full term uncapped.

The residential block pays, by way of rent, a due proportion of the Lessor’s costs in maintaining insurance and the service charge.

See tenancy schedule for further information.