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228-230 Durham Road, Low Fell, Gateshead NE8 4JR
Property for sale. Mixed investment opportunity on popular main road. Rental income £6,540 per annum (ground floor). Vacant maisonette.
Well presented two storey property. Tenanted ground floor takeaway (15 year lease in place) and vacant three bed maisonette. Floor area 146 sq.m. (1,578 sq.ft.). Busy main road location. Garage to the rear.
Commercial EPC: D.
Maisonette EPC: D.
Freehold: Offers in excess of £185,000
The property is situated on Durham Road on the main A167
route running through Low Fell and Gateshead. Nearby
occupiers include local traders such as a veterinary surgery, an
accountancy practice, funeral directors and Domino's Pizza
franchise. Gateshead is located 4 miles south of Newcastle upon
Tyne, 17 miles north of Durham, the location has excellent road
communications via the A1, A184 and A694.
A mid-terraced two storey sand stone building with pitched roof
consisting tenanted ground floor takeaway and Stunning three bedroom maisonette. The maisonette could be let increasing the total rental income.
£6,540 per annum
15 year lease from 24th August 2017 to 30th June 2032.
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