Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property

Delves Lane, Consett, Durham, DH8 7BH

£120,000

£179.91 per sq ft

Business rates & charges may apply

Naylors Gavin Black LLP, Newcastle Upon Tyne
SIZE AVAILABLE

667 sq ft

62 sq m

SECTOR

High street retail property for sale

Key features

  • Let to Stan James Abingdon Ltd
  • Tenant holding over
  • Price £120,000
  • Net initial yield 10%

Description

Location

Delves Lane is located in a residential location to the south of Consett, a town located in the heart of County Durham and with excellent links to both Newcastle and Durham City.

Description

667 Sq Ft (62 Sq M).

Tenure Comments

We understand the property is freehold with the shop let to Stan James Abington Ltd by way of a 10 year full repairing and insuring lease that expired on the 13th February 2022 at a rent of £12,300 per annum. The tenant is holding over.

The price is £120,000 which shows a net initial yield of 10%.

EPC

The property has a rating of C.

Legal Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Brochures

Delves Lane, Consett, Durham, DH8 7BH

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stocksfield Station8.4 miles

About Naylors Gavin Black LLP, Newcastle Upon Tyne

Hadrian House, Higham Place, Newcastle Upon Tyne, NE1 8AF

As commercial property specialists for the North East, Naylors have their head office in the heart of Newcastle. The firm was founded twenty years ago by Bill Naylor, managing director, and has retained its independence, growing to become one of the most respected practices in the area.

This is reflected in Naylors being invited to represent the North East through membership of PAI, a prestigious organisation of like-minded professionals covering most of the Uk.

Today, Naylors handle a wide range of commercial and industrial properties in an area that stretches from Yorkshire to Northumberland and beyond. Our client list includes every kind of organisation from public bodies and national chains to local SME companies.

It is the quality of our people that makes the difference. Fully qualified professionals with a commitment to their clients’ interest and the in-depth knowledge to provide a tailor-made service.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3142FH. 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 Naylors Gavin Black LLP, Newcastle Upon Tyne. 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.

Map data ©OpenStreetMap contributors.

Email

Call

Email