Grocery & Local Shops for sale in the DL16, Spennymoor

Commercial Property in DL16 available for sale

Grocery & Local Shops for Sale Within 10 miles of the DL16, Spennymoor

Dragonville Retail Park

Retail for Sale
£12,000,000
97,586 sq ft
5 Retail Properties

Durham Portfolio of properties for Sale - Thornley, County Durham

Increasingly popular historic cathedral city growing in both population and affluence. Benefitting from excellent road communications, being situated approximately 1 mile to the west of the A1(M). Dragonville Retail Park is prominently situated in an accessible location at the southern end of Dragon Lane in close proximity to Junction 62 of the A1(M). Approximately 400,000 people live within 20 minutes of the Park. Immediately adjacent to a large Tesco Extra and opposite the recently developed units occupied by Home Bargains, Lidl and The Range. Retail park of approximately 100,000 sq ft split into 15 units ranging from 656 sq ft to 30,000 sq ft. “Anchor tenants” include – Aldi (long leasehold), Iceland, T K Maxx and Matalan. Other retailers include Greggs, Card Factory, Barnardo’s, Dominoes, Salvation Army and Poundstretcher. Annual rent roll of £1,022,742 pa reflecting a low & affordable £10.24 per sq ft. Attractive WAULT of 4.5 years. Variety of asset management opportunities