Duke Street, Darlington

Property Sold STC

£180,000

  • Key Information:
  • Tenure: Freehold

Key Features

  • Town centre investment property
  • Secure tenant covenant
  • Let to 31st May 2031 (no break)
  • Popular commercial thoroughfare
  • Net initial yield 8.19%

Description

Town centre investment property fronting Duke Street (popular commercial thoroughfare)

Let to Harbour Support Services for a term of years expiring 31st May 2031 (no break) at £15,000pax.

A purchase at the asking price demonstrates a net initial yield of 8.19% after assuming standard purchasers costs at 1.8%

(Agents Note: we are instructed to dispose of our client’s SPV that holds the freehold interest – RCPB Property Ltd)

Town centre investment property fronting Duke Street (popular commercial thoroughfare)

Let to Harbour Support Services for a term of years expiring 31st May 2031 (no break) at £15,000pax.

A purchase at the asking price demonstrates a net initial yield of 8.19% after assuming standard purchasers costs at 1.8%

(Agents Note: we are instructed to dispose of our client’s SPV that holds the freehold interest – RCPB Property Ltd)

View Brochure

Location


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