25/31 Newbottle Street, Houghton Le Spring, County Durham, DH4 4AP
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- FOR SALE BY AUCTION ON THURSDAY 30TH OCTOBER 2025 (unless sold prior)
- High Street Location
- Large Ground Floor Retail Unit + Ground Floor Shop
- FREEHOLD
- Producing £45,000 per annum (rising to £47,000 in Jan 2027)
- Gross Yield 12%
Description
Close to the junction with Mautland Street in the heart of the town centre, adjacent to Lloyds Bank and nearby other multiples such as Ladbrokes, Greggs, Iceland, Superdrug, Savers and a variety of independent retailers. There is a Lidl supermarket and public car park at the rear of the property.
Houghton Le Spring lies approximately 6 miles southwest of Sunderland and approximately 6 miles northeast of Durham and benefits from good road links via the A690 and the A1(M).
PROPERTY
A mid-terrace building comprising a large Ground Floor Retail Unit with internal access to Ancillary Accommodation on first and second floors and a further Ground Floor Shop.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCIES & ACCOMMODATION - See Brochure
Note: 6 week completion
Brochures
25/31 Newbottle Street, Houghton Le Spring, County Durham, DH4 4AP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chester-le-Street Station4.3 miles
- South Hylton Metro Station4.3 miles
- University Metro Station5.0 miles
Notes
Disclaimer - Property reference HoughtonLeSpring. 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 Barnett Ross, Barnett Ross. 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 Barnett Ross, Barnett Ross on 020 8106 0950.
*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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