High street retail property for sale
Savers, 33 Newgate Street, Bishop Auckland
£25.30 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,151 sq ft
386 sq m
- SECTOR
High street retail property for sale
Key features
- A freehold two storey property
- Occupying a high footfall pitch
- Entire building let to Savers for a term of 5 years from 30/09/2025
- Tenant has recently removed break clause in a deed of variation
- Total GIA approx. 4,151 sq ft (385.6 sq m)
- Investment let at £16,000 per annum (15.2% GIY on Guide Price)
Description
Entire building let to Savers for a term of 5 years from 30/9/2023.
Investment let at £16,000 per annum (15.2% GIY on Guide Price).
The property is located on the East side of Newgate Street, which is accessed from Princes Street and North Bondgate. Neighbouring occupiers include Holland & Barret, Timpson, Vodafone, Santander, Admiral, Greggs, Halifax and many other independent shops restaurants and bars can be found nearby.
Transport
Bishop Auckland Station (0.6 miles) - Northern
Brochures
Savers, 33 Newgate Street, Bishop Auckland
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bishop Auckland Station0.4 miles
- Shildon Station2.9 miles
- Newton Aycliffe Station4.8 miles
Notes
Disclaimer - Property reference 64ED20EA-B5E7-42A9-A507-15A2DA0F030D. 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, Savills Auctions- Commercial. 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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