North Road, Darlington

Commercial Property for sale

£400,000

  • Key Information:
  • Tenure: Freehold

Key Features

  • Mixed use investment property
  • Shop, warehouse and 4 x flats
  • Prominent position fronting A167
  • NIY 10.38% increasing to 11.34%

Description

Mixed-use investment property comprising shop, warehouse and 4 flats.

The property fronts North Road (A167) approximately 1 mile north of Darlington town centre amongst occupiers including Morrisons, Aldi, Greggs and Poundland.

Gross annual income £43,270pax (rising to £47,262pa). A purchase at the asking price demonstrates a net initial yield of 10.38% and a reversionary yield increasing to 11.1% (Sep-26) and 11.34% (Dec-28) after assuming standard purchasers costs

Mixed-use investment property comprising shop, warehouse and 4 flats.

The property fronts North Road (A167) approximately 1 mile north of Darlington town centre amongst occupiers including Morrisons, Aldi, Greggs and Poundland.

Gross annual income £43,270pax (rising to £47,262pa). A purchase at the asking price demonstrates a net initial yield of 10.38% and a reversionary yield increasing to 11.1% (Sep-26) and 11.34% (Dec-28) after assuming standard purchasers costs

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Carvers Commercial

18 St Cuthberts Way, Darlington,
County Durham, DL1 1GB

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