Available
Houghton-le-Spring – Two-Storey Vacant Retail
10 Newbottle Street, Houghton-le-Spring, Durham DH4 4ANFreehold Vacant Retail Investment
Investment Consideration
- ERV: £7,500 p.a. GIY: 10.00%
- Comprises two-storey retail premises
- Suitable for variety of uses (Class E)
- Located in the main retail thoroughfare of the town centre amongst such multiples as Superdrug, McColls, Lloyds Bank, Greggs, Ladbrokes and a host of local traders.
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises ground floor shop with ancillary at first floor, providing the following accommodation and dimensions:
Ground Floor: 37 sq m (398 sq ft)
First Floor: 25 sq m (270 sq ft)
Total area size: 62 sq m (668 sq ft)
Ground Floor: 37 sq m (398 sq ft)
First Floor: 25 sq m (270 sq ft)
Total area size: 62 sq m (668 sq ft)
Tenancy Description
The entire property is at present vacant. ERV: £7,500 p.a.
Location Description
Located in the main retail thoroughfare of the town centre amongst such multiples as Superdrug, McColls, Lloyds Bank, Greggs, Ladbrokes and a host of local traders. Houghton-le-Spring lies approx. 6 miles south-west of Sunderland and approx. 6 miles north-east of Durham and benefits from good road links via the A690 and the A1(M)