Offers in region of
£2,850,000
(£18.80/sq. ft)
Light industrial for saleDodsworth Street And Alliance Industrial Estate, Darlington DL1
151,569 sq. ft
About this property
Significant industrial facility comprising land and buildings extending to 151,569sq.ft. Held over 10.85 acres.
Currently producing £66,101.16pa (92.8% of internal floor area currently vacant)
Large unmade areas unused – suitable for further development or open storage (subject to consents)
Significant opportunity to re-purpose the vacant buildings including refurbishment, sub-division and/ or demolition
Highly reversionary
Low global capital value of c£18.80psf
The property forms part of Albert Hill Trading Estate, approximately 0.5 miles north of Darlington town centre adjacent to the A167, an arterial route through the town from the A1(M).
The property can be summarised to comprise of three distinct parts:-
Dodsworth Street – comprising a former forge with workshops, offices and a significant site area – 116,380sq.ft. Includes a small compound subject to third party occupation (£9,836.52pa)
Skerne Works – vacant warehouse/ workshop extending to 24,311sq.ft. Includes a small compound subject to third party occupation (£9,000pa)
Alliance Units – a parade of light industrial units occupied by local tenants. 10,878sq.ft. Producing £47,264.64pa
Total rents received £66,101.16pa
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£14,257 per month
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