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Property details
Map & nearby

Retail premises for sale in Front Street, Durham

Investment

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Investment Opportunity

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Retail premises for sale

From 245 - 2,000 sq. ft*

Property features

EPC - C60

Property description

Opportunity to acquire a mixed-use Investment
• Let to 3 independent retail occupiers and First Floor Residential Apartment
• Current passing rent of £28,500 per annum
• Total size of circa 2,000 ft²
• 10.17% Gross Yield
• Rental Growth opportunity

Location

The property is located approximately 4 miles East of Durham City and 13 miles South West of Sunderland. It is situated in the centre of the village on the main through road. The area is predominantly residential although there is a commercial presence to the north. There is a mix of retail uses in Sherburn including a hairdresser, barber and a large furniture store. Directly behind the site is 81 new build residential homes.

Description

The subject property is an end terrace brick-built building that comprises of a ground floor retails unit.

Investment Opportunity:

Property info

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bradley Hall, and do not constitute property particulars. Please contact Bradley Hall for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.