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46 Byerley Rd 750 sq ft Specialist Building Offered at £100,000 at a 9% Net Initial Yield in Shildon DL4 1JH
INVESTMENT HIGHLIGHTS
- Long term investment opportunity
- Strong community links
- Well appointed space
EXECUTIVE SUMMARY
The property is currently let achieving £9,000 per annum on a 10 year lease with 8 years remaining and a mid term break. However the property also provides potential subject to relevant planning consents to be converted into a residential family home or to create two flats on the first floor above retaining the commercial unit. In brief the building comprises. an entrance hall leading into the main hall, separate kitchen, cloakroom and stairs lead to the first floor balcony area. Externally on street parking is available.
PROPERTY FACTS
| Price | £100,000 | Property Subtype | Place Of Worship |
| Price per sq ft | £133.33 | Property Size | 750 sq ft |
| Sale Type | Investment | No. Floors | 1 |
| Yield | 9% | Year Built | 1920 |
| Tenure | Freehold | Parking Allocation | 8/1,000 sq ft |
| Property Type | Specialist |
| Price | £100,000 |
| Price per sq ft | £133.33 |
| Sale Type | Investment |
| Yield | 9% |
| Tenure | Freehold |
| Property Type | Specialist |
| Property Subtype | Place Of Worship |
| Property Size | 750 sq ft |
| No. Floors | 1 |
| Year Built | 1920 |
| Parking Allocation | 8/1,000 sq ft |
AMENITIES
- Signage
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46 Byerley Rd
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