North Road, Darlington
£98.35 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,423 sq ft
411 sq m
- SECTOR
Commercial property for sale
Key features
- Mixed use investment property
- Shop, warehouse and 4 x flats
- Prominent position fronting A167
- NIY 9.46%
- Reversionary yield 9.77% - with an opportunity to increase via renewal of the lease with the tanning salon
Description
The property fronts North Road (A167) approximately 1 mile north of Darlington town centre amongst occupiers including Morrisons, Aldi, Greggs and Poundland.
Gross annual income £42,940pax (rising to £44,362). A purchase at the asking price demonstrates a net initial yield of 9.46% and a reversionary yield of 9.77% after assuming standard purchasers costs at 4.4%
Energy Performance Certificates
EE RatingEI RatingBrochures
North Road, Darlington
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- North Road Station0.1 miles
- Darlington Station1.1 miles
- Dinsdale Station3.8 miles
Notes
Disclaimer - Property reference 33797427. 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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