2 Cambridge St - Retail FOR SALE


Spennymoor, DUR DL16 6DF
$350,000 USD
191-731-8660
2 Cambridge St, Spennymoor, DUR for Sale
$350,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

NEW


2 Cambridge St
Spennymoor, DUR DL16 6DF


HIGHLIGHTS

  • Kitchen
  • WC facilities
  • Signage

OVERVIEW

The original building is a three-storey structure plus basement, with several single-storey extensions. The property is of traditional brick, block, and stone construction, all under multiple pitched slate tile roofs. Internally, the ground and first floors have primarily been used as showroom and retail space, while the second floor has served as an office and meeting room. Kitchen and WC facilities are located on the ground floor. Although most of the plot is developed and the property does not currently offer private parking, there is on-street parking available and a 122-space Durham County Council car park directly opposite, both of which are free to use. The property offers redevelopment potential. Part of the building could be cleared to provide private parking and / or loading areas to meet the requirements of an owner-occupier or tenant. Additionally, the property could be subdivided to create a multi-let retail or mixed-use block. Of course, all subject to planning approval.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,464 SF

ZONING

-

APN/PARCEL ID

DU166012

ASK ABOUT THIS PROPERTY

Daryl CarrGraham S Hall Chartered SurveyorsMore Info
191-731-8660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Daryl CarrGraham S Hall Chartered SurveyorsMore Info
191-731-8660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.