Cockerton Green, Darlington, County Durham, DL3
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
- USE CLASSUse class orders: B1 Business, C2 Residential Institutions and C3 Dwelling Houses
B1, C2, C3
Key features
- Popular successful business
- Great Investment Opportunity
Description
The residential development is located at Cockerton Green in Darlington DL3 9EB and comprises the freehold of 38 high end apartments and 5 mews houses, some have been sold off on long leaseholds that pay a ground rent. The company still retains 20 x 2 bedroom apartments and 1 x townhouse.
The residential development generates £182,820 in rental income, excluding management fees and insurance.
The Derwent Centre, Consett, DH5 8SD is a shopping centre with a mix of tenants including Boyes and Bestway chemist plus some independent retailers. The centre has enjoyed high levels of occupancy above 90%.
Rental income from the shopping centre is £259,051 per annum please insurance and service charge.
A full tenant schedule is available upon request.
Total rental income for the company £441,871 per annum
Asking price £4.8million
Our Ref:
Cockerton Green, Darlington, County Durham, DL3
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- North Road Station1.1 miles
- Darlington Station1.7 miles
- Heighington Station4.4 miles
About Parker Barras, Teesside
The Qube Windward Way, Middlesbrough, TS2 1QG
Parker Barras are award-winning Commercial Property & Business Transfer Agents formed in 2007 and operating from state-of-the-art office premises, located in Teesside and covering the North East.
Our proactive approach enables the firm to act efficiently on the Sale and Letting of all types of Commercial Property, as well as acting as business transfer agents, helping you achieve the best outcome, when its comes to selling your business.
Parker Barras charge absolutely no upfront
Notes
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