23 Horsemarket, Barnard Castle, County Durham DL12 8LX
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Ground floor commercial unit
- Freehold
- Located in County Durham
- Investment let at £18,000 per annum (11% GIY on guide price)
Description
StrapLine
Auction Sale - 01/10/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteOf interest to investors a ground floor retail shop. Upper parts sold off on long leasehold.
Investment is let to Marie Curie Cancer Care for a term of 10 years from February 2014 at a current rent of £18,000 per annum.
Tenant is currently holding over.
Located in County Durham
Description
A ground floor retail shop. Investment is let to Marie Curie Cancer Care for a term of 10 years from February 2014 at a current rent of £18,000 per annum. Tenant is currently holding over.
Located in County Durham
Location
Barnard Castle is located just north of the A66,approximately 16 miles West of Darlington and draws on an extensive, wealthy hinterland. The popular Market Town is situated in North Yorkshire with an affluent residential population. The property occupies a prominent location in Horse market opposite Costa Coffee and Boyes Department Store and close to Coop, Heron Foods, Holland & Barrett, Boots, and more.
Tenancy
The retail shop is at present let to Marie Curie Cancer Care for a term of 10 years from 10th February 2014 at a current rent of £18,000 per annum and the lease contains full repairing and insuring covenants. Rent review from 2019 outstanding
Accommodation
Ground Floor: 194 sq m (2,091 sq ft)
Sales Area 67 sq m (722 sq ft)
Ancillary/Sales 50 sq m (536 sq ft)
Rear Stores 65 sq m (704 sq ft)
Kitchen12 sq m (129 sq ft)
23 Horsemarket, Barnard Castle, County Durham DL12 8LX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bishop Auckland Station12.6 miles
Notes
Disclaimer - Property reference 194-18743. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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