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15 Newbottle St
Houghton Le Spring DH4 4AP
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Freehold Blue-Chip Supermarket
  • Current rent of £65,000 p.a.
  • It is situated almost equidistant between the cathedral city of Durham 7 mile (11 Km) southwest and Sunderland about 7 mile (11 Km) northeast.
  • Let to Iceland's Foods Limited on a 10 year FRI from 22nd March 2021
  • Fixed increase at year 5 to £70,000 p.a.
  • The premises comprise an end of terrace retail unit arranged over ground, first and second floors and benefit from a rear loading bay.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Shopfront
Property Size
20,234 sq ft
Costar Property Class
B
Year Built
1968
Tenancy
Single
Number of Floors
3
Plot ratio
0.94
Total Plot Size
0.50 ac
Frontage
45 ft on Newbottle Street

AMENITIES

  • Corner Lot
  • Storage Space
  • Listing ID: 25615992

  • Date on Market: 03/05/2022

  • Last Updated:

  • Address: 15 Newbottle St, Houghton Le Spring DH4 4AP

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