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33 Newgate St 4,151 sq ft Retail Property Bishop Auckland DL14 7EW £105,000 (£25.30/sq ft)
INVESTMENT HIGHLIGHTS
- A freehold two storey property.
- Entire building let to Savers for a term of 5 years from 30/09/2025.
- Total GIA approx. 4,151 sq ft (385.6 sq m).
- Occupying a high footfall pitch.
- Tenant has recently removed break clause in a deed of variation.
- Investment let at £16,000 per annum (15.2% GIY on Guide Price).
EXECUTIVE SUMMARY
Lot 573 is available by way of Savills Online Auction 9th December 2025
A freehold two storey property occupying a high footfall pitch. Entire building let to Savers for a term of 5 years from 30/9/2023. Investment let at £16,000 per annum (15.2% GIY on Guide Price).
A freehold two storey property occupying a high footfall pitch. Entire building let to Savers for a term of 5 years from 30/9/2023. Investment let at £16,000 per annum (15.2% GIY on Guide Price).
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Size
4,151 sq ft
Costar Property Class
B
Year Built
1951
Price
£105,000
Price per sq ft
£25.30
Tenancy
Single
Number of Floors
2
Plot ratio
0.52
Total Plot Size
0.18 ac
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
-
- -
- 4,150 sq ft
- -
- -
Savers is a family business at heart. They sell branded Health, Home & Beauty products at unbeatable prices on your local high street. With their products it's about honest, everyday low prices that their customers love. Savers is part of AS Watson Group, the world’s largest international health and beauty retailer. In 2023, Savers were voted a Great Place To Work. This recognises the levels of engagement within their teams and demonstrates our commitment to their people.
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
|
|
- | 4,150 sq ft | - | - |
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33 Newgate St
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