48-50 Northgate 4,573 SF 100% Leased 4-Star Retail Building Darlington DL1 1PR £385,000 (£84.19/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).
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).
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
£84.19
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Frontage
77 ft on Northgate
AMENITIES
- EPC - D
- Storage Space
- Air Conditioning
1 of 1
NEARBY MAJOR RETAILERS
