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12 Silver Street, Durham, County Durham, DH1

£875,000

£448.26 per sq ft

Business rates & charges may apply

FMX Urban Property Advisers, FMX Urban Property Advisers
SIZE AVAILABLE

1,952 sq ft

181 sq m

SECTOR

High street retail property for sale

Description

Investment Overview
*Prime retail and student residential investment located on Silver Street in the heart of Durham's retail centre.
*Durham is an affluent, historic cathedral city and popular retail and tourist centre.
*Property comprises 1,952 sqft of retail and residential accommodation, arranged over four floors.
*Attractive corner retail unit let to T4at a low rent of £30,000 per annum.
*Residential accommodation comprises a five-bedroom flat, which has recently been refurbished.
*Flat is let to Durham Students on an Assured Shorthold Tenancy at a gross rent of £53,820 per annum for the academic year 2025/2026.
*Residential flats have been pre-let for the academic year 2026/27 and 2027/28.
*Total net income of £77,782 per annum.
*Freehold.

Brochures

12 Silver Street, Durham, County Durham, DH1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Durham Station0.3 miles

About FMX Urban Property Advisers, FMX Urban Property Advisers

4th Floor, 41-43 Maddox Street, London, W1S 2PD

Notes

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