Offers over
£400,000
(£90.44/sq. ft)
Property for saleNorth Road, Darlington DL1
4,423 sq. ft
EPC Rating: G
Freehold
About this property
Mixed use investment property
Shop, warehouse and 4 x flats
Prominent position fronting A167
Mixed-use investment property comprising shop, warehouse and 4 flats.
The property fronts North Road (A167) approximately 1 mile north of Darlington town centre amongst occupiers including Morrisons, Aldi, Greggs and Poundland.
Gross annual income £42,940pax (rising to £44,362). A purchase at the asking price demonstrates a net initial yield in excess of 10% and a reversionary yield in excess of 10.5% after assuming standard purchasers costs
The property fronts North Road (A167) approximately 1 mile north of Darlington town centre amongst occupiers including Morrisons, Aldi, Greggs and Poundland.
Gross annual income £42,940pax (rising to £44,362). A purchase at the asking price demonstrates a net initial yield in excess of 10% and a reversionary yield in excess of 10.5% after assuming standard purchasers costs
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