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Duke Street, Darlington

Offers in Region of
£180,000

£115.53 per sq ft

Business rates & charges may apply

Carver Commercial Ltd, County Durham
SIZE AVAILABLE

1,558 sq ft

145 sq m

SECTOR

Commercial property for sale

Key features

  • Town centre investment property
  • Secure tenant covenant
  • Let to 31st May 2031 (no break)
  • Popular commercial thoroughfare
  • Net initial yield 8.19%

Description

Town centre investment property fronting Duke Street (popular commercial thoroughfare)

Let to Harbour Support Services for a term of years expiring 31st May 2031 (no break) at £15,000pax.

A purchase at the asking price demonstrates a net initial yield of 8.19% after assuming standard purchasers costs at 1.8%

(Agents Note: we are instructed to dispose of our client’s SPV that holds the freehold interest – RCPB Property Ltd)

Brochures

Duke Street, Darlington

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Darlington Station0.7 miles
  • North Road Station0.8 miles
  • Dinsdale Station3.9 miles

About Carver Commercial Ltd, County Durham

18 St. Cuthberts Way, Darlington, County Durham, DL1 1GB

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34258705. 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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