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COMMERCIAL

29-30 South Street, Newbottle, Houghton Le Spring

Offers in Excess of
£275,000
Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
PROPERTY TYPE

Mixed Use

SIZE

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Key features

  • Mixed use investment
  • Two ground floor retail units & two flats
  • Current rental income £30600 per annum
  • Rental yield of 11.13% on asking price
  • All four units tenanted
  • Net internal area 222 sq. m. (2394 sq. ft.)
  • Excellent investment opportunity
  • Private parking

Description

Property for sale. Mixed use investment. Rental income £31,200 per annum. Rental yield of 11.34% on asking price.
Tenanted commercial (salon & cafe) and residential properties, in County Durham village. Net internal area 222 sq.m. (2,394 sq.ft.). Great investment opportunity. Private parking at the rear.
EPCs: C/D
Freehold: Offers in excess of £275,000
Ref I168

Brochures

Property BrochureFull Details

Energy Performance Certificates

Energy Performance Certificate

29-30 South Street, Newbottle, Houghton Le Spring

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • South Hylton Metro Station3.5 miles
  • Chester-le-Street Station4.1 miles
  • Millfield Metro Station4.4 miles

About Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Rook Matthews Sayer Business Sales and Rook Matthews Sayer Commercial are divisions of RMS which is widely recognised as one of the region's leading names in property services.

RMS employs around 120 people in the group's 16 offices with our dedicated business sales and commercial department based at our Head Office in Newcastle dealing with a wide range of businesses and property throughout the North East from North Yorkshire to the Scottish Borders.

We have over 40 years of experience in advising buyers and sellers of businesses and our market leading service is uniquely placed to maximise value

Notes

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Disclaimer - Property reference 12604234. 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 Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties. 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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