48-50 Northgate

4,573 SF 100% Leased 4-Star Retail Building Darlington DL1 1PR £385,000 (£84/SF)

INVESTMENT HIGHLIGHTS

  • Daytime Foot Traffic
  • Access via the A1M
  • Access via the A66

EXECUTIVE SUMMARY

Offers in the Region of £385,000.
Prime town centre investment / development opportunity. The property comprises a substantial corner retail premises held over three floors. The property is of traditional brick construction held under a multi-pitched tile covered roof.
The ground floor comprises a substantial retail premises with extensive window frontage let to CCHG Ltd. (T/A VPZ).
The upper floors have separate access from Crown Street comprising a number of cellular former office/ store rooms with (expected) planning consent to create 6 apartments (by way of two planning permissions).

ATTACHMENTS

48-50 Northgate

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,573 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1915
Price
£385,000
Price Per SF
£84
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Frontage
77 ft on Northgate

AMENITIES

  • EPC - D
  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

Esquires
Costa Coffee
eurochange
Hsbc
Lloyds Bank
Clydesdale Bank
Santander
Barclays
Sainsbury's
Hungry Horse
  • Listing ID: 33231727

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 48-50 Northgate, Darlington DL1 1PR