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Offers over

£75,000

(£112.11/sq. ft)

Retail premises for sale
Newbottle Street, Houghton Le Spring DH4

    • 668 sq. ft

Added on 08/02/2025

About this property

    Investment Consideration:
    Vacant possession
    erv: £7,500 p.a. Giy: 10.00%
    VAT is not applicable to this property
    Comprises two-storey retail premises
    Suitable for variety of uses (Class E)
    Located in the main retail thoroughfare of the town centre amongst such multiples as Superdrug, McColls, Lloyds Bank, Greggs, Ladbrokes and a host of local traders.

    Property Description:
    Comprises ground floor shop with ancillary at first floor, providing the following accommodation and dimensions:
    Ground Floor: 37 sq m (398 sq ft)
    First Floor: 25 sq m (270 sq ft)
    Total area size: 62 sq m (668 sq ft)

    Tenancy:
    The entire property is at present vacant. Erv: £7,500 p.a.

    Location:
    Located in the main retail thoroughfare of the town centre amongst such multiples as Superdrug, McColls, Lloyds Bank, Greggs, Ladbrokes and a host of local traders. Houghton-le-Spring lies approx. 6 miles south-west of Sunderland and approx. 6 miles north-east of Durham and benefits from good road links via the A690 and the A1(M)

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    Monthly repayment

    £375 per month

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