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SOLD STC

Elms Road, Darlington

Offers in Region of
£475,000

£108.85 per sq ft

Business rates & charges may apply

Carver Commercial Ltd, County Durham
SIZE AVAILABLE

4,364 sq ft

405 sq m

SECTOR

Commercial property for sale

Key features

  • SECURE TENANT COVENANT PROVIDED BY DARLINGTON BOROUGH COUNCIL
  • LONG ESTABLISHED NURSERY (IN EXCESS OF 25 YEARS)
  • LOW RENT PASSING AND SIGNIFICANT RENTAL UPLIFT EXPECTED ON RENEWAL
  • VERSATILE DETACHED PREMISES THAT MAY SUIT ALTERNATIVE USE - 4,364SQ.FT.
  • SUBSTANTIAL PLOT IN PRIME WEST END LOCATION - 0.82 ACRES
  • SIGNIFICANT DEVELOPMENT POTENTIAL SUBJECT TO REQUIRED CONSENTS (AND POSSESSION)

Description

Freehold Nursery Investment (Reversionary)

The property comprises a detached nursery premises occupying a large corner plot falling partly within the West End Conservation Area.

The property is let to Darlington Borough Council by way of a lease expiring December 2027. The rent passing is £17,500 and the property is significantly under-rented.

Brochures

Elms Road, Darlington

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • North Road Station0.6 miles
  • Darlington Station0.9 miles
  • Dinsdale Station4.0 miles

About Carver Commercial Ltd, County Durham

18 St. Cuthberts Way, Darlington, County Durham, DL1 1GB

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 33362867. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Carver Commercial Ltd, County Durham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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