Property photos
Just added
Guide price
£275,000
(£275,000.00/sq. ft)
Retail premises for sale
Front Street, Durham DH6From 245 - 2,000 sq. ft
Local area information
Property location
Nearby amenities
- Sherburn Primary School 1 mile
- Pittington Primary School 1.3 miles
- Durham 4.1 miles
- Chester-le-Street 6.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- EPC - C60
Opportunity to acquire a mixed-use Investment
• Let to 3 independent retail occupiers and First Floor Residential Apartment
• Current passing rent of £28,500 per annum
• Total size of circa 2,000 ft²
• 10.17% Gross Yield
• Rental Growth opportunity
Location
The property is located approximately 4 miles East of Durham City and 13 miles South West of Sunderland. It is situated in the centre of the village on the main through road. The area is predominantly residential although there is a commercial presence to the north. There is a mix of retail uses in Sherburn including a hairdresser, barber and a large furniture store. Directly behind the site is 81 new build residential homes.
Description
The subject property is an end terrace brick-built building that comprises of a ground floor retails unit.
Investment Opportunity:
• Let to 3 independent retail occupiers and First Floor Residential Apartment
• Current passing rent of £28,500 per annum
• Total size of circa 2,000 ft²
• 10.17% Gross Yield
• Rental Growth opportunity
Location
The property is located approximately 4 miles East of Durham City and 13 miles South West of Sunderland. It is situated in the centre of the village on the main through road. The area is predominantly residential although there is a commercial presence to the north. There is a mix of retail uses in Sherburn including a hairdresser, barber and a large furniture store. Directly behind the site is 81 new build residential homes.
Description
The subject property is an end terrace brick-built building that comprises of a ground floor retails unit.
Investment Opportunity:
More information
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