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147-149 Newgate Street
Bishop Auckland
County Durham
DL14 7EN
Northumberland Street, Darlington
Offers In Excess Of £155,000
Commercial
A great investment opportunity to purchase this commercial space with tenants in situ located on Northumberland Street, Darlington. The ground floor retail space is utilised by the current tenants as a salon, achieving £750pcm presently. The first floor offices are currently tenanted on a separate lease at £400pcm. Both leases have recently been renewed for a 5 year term with a 3 year break clause. The property is currently boasting a gross annual yield of £13,800.
Situated just a short distance from Darlington Town centre, this property is in an ideal purchase for investors. There are great travel links which allows for easy access to further amenities which include shops, restaurants, healthcare and recreational facilities. Darlington's train station also provides access to other local towns as well as further afield to places such as London, Newcastle and York.
In brief, the property comprises; an entrance hall leading to the salon space, storage rooms and cloakroom to the ground floor. The first floor consists of the four office spaces and cloakroom.
Shop Room
8.4m x 4.0m (27'6" x 13'1" )
Shop Room Two
4.6m x 2.4m (15'1" x 7'10" )
Shop Room Three
3.0m x 2.9m (9'10" x 9'6" )
Office Room One
5.5m x 3.0m (18'0" x 9'10" )
Office Room Two
5.5m x 3.8m (18'0" x 12'5" )
Office Room Three
5.5m x 3.6m (18'0" x 11'9" )
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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