Local retail portfolio comprising 3 shops, 3 flats and 1 x house.
The properties are situated in the heart of Shildon town centre amongst a diverse variety of businesses including B&M, Cooperative Funeral Care and Hays Travel amongst a range of other independent businesses.
Gross rents currently received £27,000pax which will increase to £31,800 on the re-letting of one vacant shop unit.
A purchase at the asking price demonstrates a net initial yield of 9.91% improving to 11.67% on re-letting of the vacant shop.
Local retail portfolio comprising 3 shops, 3 flats and 1 x house.
The properties are situated in the heart of Shildon town centre amongst a diverse variety of businesses including B&M, Cooperative Funeral Care and Hays Travel amongst a range of other independent businesses.
Gross rents currently received £27,000pax which will increase to £31,800 on the re-letting of one vacant shop unit.
A purchase at the asking price demonstrates a net initial yield of 9.91% improving to 11.67% on re-letting of the vacant shop.
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18 St Cuthberts Way, Darlington,
County Durham, DL1 1GB
