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1-1A West Lea 1,256 sq ft Retail Property New Herrington DH4 4LH £85,000 (£67.68/sq ft)
INVESTMENT HIGHLIGHTS
- Natural light
- Versatile use
- Signage
EXECUTIVE SUMMARY
For sale via secure sale online bidding: terms and conditions apply.*
We are pleased to offer to auction this two storey mixed use end terraced property, prominently located on the corner of West Lea and Fenton Terrace, just behind Herrington Country Park. The property comprises a ground floor retail unit with flat above. Both units are tenanted, generating a total annual income of £11,100.
We are advised that both units are currently let. The shop is let for £5,400 per annum, and the flat at £5,700 per
annum (totalling £11,100pa). Please refer to the legal pack for full tenancy information.
We are pleased to offer to auction this two storey mixed use end terraced property, prominently located on the corner of West Lea and Fenton Terrace, just behind Herrington Country Park. The property comprises a ground floor retail unit with flat above. Both units are tenanted, generating a total annual income of £11,100.
We are advised that both units are currently let. The shop is let for £5,400 per annum, and the flat at £5,700 per
annum (totalling £11,100pa). Please refer to the legal pack for full tenancy information.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,256 sq ft
Costar Property Class
C
Year Built
1960
Price
£85,000
Price per sq ft
£67.68
Tenancy
Single
Number of Floors
2
Plot ratio
2.27
Total Plot Size
0.01 ac
Frontage
25 ft on West Lea
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1-1A West Lea
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