Whessoe Road, Darlington
£62.34 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
8,822 sq ft
820 sq m
- SECTOR
Commercial property for sale
Key features
- CURRENTLY PRODUCING £60,132PAX THROUGH 5 TENANTS
- RECENT CAR WASH LETTING SECURING APPROXIMATELY 30% OF THE INCOME FOR 5 YEARS
- GENEROUS 1.04 ACRE PLOT
- LOW SITE COVERAGE PROVIDING OPPORTUNITIES FOR DEVELOPMENT/EXPANSION (STP)
- DESIRABLE TRADE LOCATION WHICH HAS RECENTLY UNDERGONE SIGNIFICANT REGENERATION AROUND THE HOPETOWN PROJECT AND REFURBISHMENT OF HISTORIC RAILWAY BUILDINGS
Description
The investment is currently producing £60,132pax. A purchase at the asking price demonstrates a net initial yield of 10.42% after assuming standard purchasers costs at 4.89%
Brochures
Whessoe Road, Darlington
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- North Road Station0.3 miles
- Darlington Station1.4 miles
- Heighington Station4.1 miles
Notes
Disclaimer - Property reference 33433607. 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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