82-86 North Rd - Storefront FOR SALE


Darlington, DUR DL1 2EQ
$435,000 USD
132-546-6945
82-86 North Rd, Darlington, DUR for Sale
$435,000 USD
Storefront - FOR SALE
1/8
null | Request Cap Rate

82-86 North Rd
Darlington, DUR DL1 2EQ


HIGHLIGHTS

  • Access via A167
  • On a Bus Route
  • Daytime Foot Traffic

OVERVIEW

The property fronts North Road on its corner with Katherine Street directly opposite Morrisons Food and Fuel Store. The property lies approximately one mile north of Darlington town centre within a mixed neighbourhood. Occupiers in the vicinity include Morrisons, Aldi, Greggs, Poundland and Jollyes amongst a diverse variety of established independent businesses including shops, offices/ professional services and leisure operators. North Road (A167) is an arterial route through the town from the A1(M). Darlington is a popular market town situated approximately 14 miles west of Middlesbrough and 20 miles south of Durham. Mixed Investment Property Two storey mixed investment property comprising ground floor shop (tanning salon), warehouse and 4 apartments. The property is of traditional brick construction held under a multi-pitched and slate tile covered roof with flat section to rear. The shop incorporates expansive window frontage to North Road and has been used for a variety of retail purposes over the years. The warehouse is accessed via Katherine Street at the rear. Each unit is separately served for utilities and 3 of the 4 apartments have been refurbished over recent years. Two Storey Mixed Investment Shop, Warehouse and 4 Flats Rental Income: £42,940 per annum Asking Price: £435,000 We are instructed to seek offers in the region of £435,000 for the benefit of our client’s freehold interest.

FOR SALE DETAILS

PRICE

$435,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris FarlowCarver CommercialMore Info
132-546-6945

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Chris FarlowCarver CommercialMore Info
132-546-6945

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