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Investment Property Rental Business In Darlington For Sale

Darlington, Durham
Asking Price:
£265,000
Turnover:
Available on request
Net Profit:
Available on request

Description:
The Business Partnership is delighted to offer this mixed use commercial property for sale. Positioned in a good location the premises hosts three tenants.
This is an opportunity to acquire a high yield investment property that comprises of a large retail unit, a takeaway and an upstairs draughting office.

Darlington is a large market town based in County Durham with a population of 106,000. All town centre amenities and nightlife are within short walking distance of the property including the proposed Feethams leisure development. This development will include a new 9 screen cinema, Premier Inn hotel and eateries including Prezzo, Bella Italia and Nando’s. There are further developments in the town centre including the new Department of Education offices currently under construction. This will employ 400 workers.
Former Betting OfficeRent £13000 Lease 01/07/08-30/06/18 Tenant Vacated RV £12250 Size 88.17 sq m

Retail Zone A 40.50 sq mRetail Zone B 32.60 sq mRetail Zone B 16.00 sq m Public Toilets 7.50 sq m

TakeawayRent £5200 Leasehold 1/11/14-31/10/19Size 88.17sq m RV £12750
Retail Zone A 56.31 sq mRetail Zone B 36.04 sq mInternal Storage 5.82 sq m

Draughting OfficeRent £6900Lease Term 1/11/2014-31/10/2019

Vat Any reference to price, premium or rent is deemed to be exclusive of VAT (if applicable) thereon. Where rents are quoted as inclusive figures this does not include VAT. Interested parties should clarify the incidence of VAT in any event with their legal advisors.

?Viewing Strictly by appointment only through agents.

?Energy Performance Asset Rating Available upon request

Property information

Property:

Freehold

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