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52 Northgate 1,999 sq ft Retail Property Darlington DL1 1PR £300,000 (£150.08/sq ft) 8.88% Net Initial Yield
INVESTMENT HIGHLIGHTS
- The town is served by the A167 & A68 which provides direct access to the A1(M)
- Situated on the east side of Northgate, close to its junction with Crown Street
- Darlington Rail Station is located some 1km south east of the property
EXECUTIVE SUMMARY
The property comprises a freehold investment opportunity for sale.
The asking price is £300,000 - £325,000, representing a gross initial yield of 8.88%.
The asking price is £300,000 - £325,000, representing a gross initial yield of 8.88%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
1,999 sq ft
Costar Property Class
B
Year Built
1900
Price
£300,000
Price per sq ft
£150.08
Yield
8.88%
NOI
£26,640
Tenancy
Single
Number of Floors
3
Plot ratio
2.12
Total Plot Size
0.02 ac
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52 Northgate
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