£55,000

Property for sale

  1.  341 North Road, Darlington DL1 3Bl
Auction

From

£55,000

Property for sale

North Road, Darlington DL1

Local area information

Property location

Nearby amenities

  • Harrowgate Hill Primary School 0.1 miles
  • Longfield Academy 0.3 miles
  • North Road (Darlington) 0.8 miles
  • Darlington 1.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Of interest to investors
  • Gross Yield of 16.36%
  • Ground floor retail unit let to an angling shop
  • Tenant has been in occupation for 20 years
  • Investment producing £9,000 per annum
Strapline

Auction Sale - 02/07/2024

Of interest to investors. A ground floor retail unit let to an angling shop who have been in occupation for 20 years. Investment producing £9,000 per annum.

Gross Yield of 16.36%

Location

Situated to the east side of North Road, close to the junction with Scotts Terrace.

The property serves a well established residential area.

Fronting a busy main road leading to the town centre and benefiting from significant passing trade.

There are several other local retailers nearby, the shop benefits from unrestricted street parking to the front.

Darlington centre is 2 miles to the south

Transport

North Road Station (Darlington) - National Rail

Tenancy

Let to an individual on a 5 year lease from February 2023.

Accommodation

Ground floor retail area, stores, wc - approximate area 100.1 sq m (1,076 sq ft)

More information

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  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Darlington
  5. North Road

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