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UNDER OFFER

68 Hope Street, Crook, Durham, DL15 9HT

£98,500

£58.32 per sq ft

Business rates & charges may apply

Naylors Gavin Black LLP, Newcastle Upon Tyne
SIZE AVAILABLE

1,689 sq ft

157 sq m

SECTOR

High street retail property for sale

Key features

  • Neighbourhood betting shop
  • Let to Done Brothers (Cash Betting) Ltd
  • £98,500 per annum
  • Net initial yield 10%
  • £10,000 per annum rebased rent

Description

Location

Crook is a market town in the heart of County Durham, 10 miles south west of Durham and 6 miles north east of
Bishop Auckland.

The property is located on Hope Street, the main street running through the centre of the town.

Description

Ground and first floor mid terrace property. Access to the first floor has been blocked up and mothballed with no current access.

Tenure Comments

Freehold subject to a new five year full repairing and insuring lease to Durham Brothers (Cash Betting) Ltd at an annual rent of £10,000 per annum with a tenant only break option after three years and giving no less than six months notice.

EPC

The property has a rating of D.

Legal Costs

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

Brochures

68 Hope Street, Crook, Durham, DL15 9HT

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bishop Auckland Station4.9 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 3144FH. 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.

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