From
£165,000
Property for saleHorsemarket, Barnard Castle DL12
Auction
About this property
Ground floor commercial unit
Freehold
Located in County Durham
Investment let at £18,000 per annum (11% giy on guide price)
Strapline
Auction Sale - 01/10/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Of interest to investors a ground floor retail shop. Upper parts sold off on long leasehold.
Investment is let to Marie Curie Cancer Care for a term of 10 years from February 2014 at a current rent of £18,000 per annum.
Tenant is currently holding over.
Located in County Durham
Description
A ground floor retail shop. Investment is let to Marie Curie Cancer Care for a term of 10 years from February 2014 at a current rent of £18,000 per annum. Tenant is currently holding over.
Located in County Durham
Location
Barnard Castle is located just north of the A66, approximately 16 miles West of Darlington and draws on an extensive, wealthy hinterland. The popular Market Town is situated in North Yorkshire with an affluent residential population. The property occupies a prominent location in Horse market opposite Costa Coffee and Boyes Department Store and close to Coop, Heron Foods, Holland & Barrett, Boots, and more.
Tenancy
The retail shop is at present let to Marie Curie Cancer Care for a term of 10 years from 10th February 2014 at a current rent of £18,000 per annum and the lease contains full repairing and insuring covenants. Rent review from 2019 outstanding
Accommodation
Ground Floor: 194 sq m (2,091 sq ft)
Sales Area 67 sq m (722 sq ft)
Ancillary/Sales 50 sq m (536 sq ft)
Rear Stores 65 sq m (704 sq ft)
Kitchen12 sq m (129 sq ft)
Auction Sale - 01/10/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Of interest to investors a ground floor retail shop. Upper parts sold off on long leasehold.
Investment is let to Marie Curie Cancer Care for a term of 10 years from February 2014 at a current rent of £18,000 per annum.
Tenant is currently holding over.
Located in County Durham
Description
A ground floor retail shop. Investment is let to Marie Curie Cancer Care for a term of 10 years from February 2014 at a current rent of £18,000 per annum. Tenant is currently holding over.
Located in County Durham
Location
Barnard Castle is located just north of the A66, approximately 16 miles West of Darlington and draws on an extensive, wealthy hinterland. The popular Market Town is situated in North Yorkshire with an affluent residential population. The property occupies a prominent location in Horse market opposite Costa Coffee and Boyes Department Store and close to Coop, Heron Foods, Holland & Barrett, Boots, and more.
Tenancy
The retail shop is at present let to Marie Curie Cancer Care for a term of 10 years from 10th February 2014 at a current rent of £18,000 per annum and the lease contains full repairing and insuring covenants. Rent review from 2019 outstanding
Accommodation
Ground Floor: 194 sq m (2,091 sq ft)
Sales Area 67 sq m (722 sq ft)
Ancillary/Sales 50 sq m (536 sq ft)
Rear Stores 65 sq m (704 sq ft)
Kitchen12 sq m (129 sq ft)
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