Offers in region of
£230,000
Retail premises for saleFront Street, Chester Le Street DH3
1 bath
Freehold
About this property
Investment Opportunity
Long Secure Lease in place
Excellent Commercial Location
Further Prospect of Future Development Subject To Planning
Excellent Commercial Property on Front Street, Chester le Street DH3
Located on the bustling Front Street in Chester le Street, this commercial property offers an exceptional investment opportunity. Boasting an excellent commercial location, this property is currently home to a kitchen and bathroom showroom, fitted out to a high standard.
The property features a long secure lease in place, with a 10-year lease commencing from July 2022. Rent reviews are scheduled every 5 years, with the annual rent set at £22,000. Additionally, the tenant is responsible for the annual building insurance separately, making this a lucrative investment for those seeking steady and secure long-term income.
With further prospect of future development subject to planning, this property presents endless possibilities for growth and expansion. The spacious internal area provides ample room for customization and expansion, catering to a variety of business needs.
Situated in the heart of Chester le Street, this property is surrounded by a vibrant community and offers easy access to nearby amenities. Nearby points of interest include Chester-le-Street Station, Cestria Primary School, Park View School, and St Cuthbert's Catholic Primary School, providing convenience and accessibility for both customers and employees.
Don't miss out on this rare opportunity to own a fully fitted out unit in a prime commercial location. For further information and to arrange viewings, please contact our office today.
Located on the bustling Front Street in Chester le Street, this commercial property offers an exceptional investment opportunity. Boasting an excellent commercial location, this property is currently home to a kitchen and bathroom showroom, fitted out to a high standard.
The property features a long secure lease in place, with a 10-year lease commencing from July 2022. Rent reviews are scheduled every 5 years, with the annual rent set at £22,000. Additionally, the tenant is responsible for the annual building insurance separately, making this a lucrative investment for those seeking steady and secure long-term income.
With further prospect of future development subject to planning, this property presents endless possibilities for growth and expansion. The spacious internal area provides ample room for customization and expansion, catering to a variety of business needs.
Situated in the heart of Chester le Street, this property is surrounded by a vibrant community and offers easy access to nearby amenities. Nearby points of interest include Chester-le-Street Station, Cestria Primary School, Park View School, and St Cuthbert's Catholic Primary School, providing convenience and accessibility for both customers and employees.
Don't miss out on this rare opportunity to own a fully fitted out unit in a prime commercial location. For further information and to arrange viewings, please contact our office today.
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Monthly repayment
£1,150 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.



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