15-19 Bondgate, Darlington DL3 7JE
£176.17 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,192 sq ft
111 sq m
- SECTOR
High street retail property for sale
Key features
- Retail Investment For Sale
- Town Centre Location
- Freehold
- Full Income Producing Investment
- Reversionary yield 9.83%
Description
INVESTMENT SUMMARY
• Let to Up and Running (UK) Limited & Core Club Ltd
• Freehold
• Central Town Centre Location
• Rental income £20,500 pax
• Offers in the region of £210,000 (Two Hundred & Ten Thousand Pounds) exclusive.
• Net initial return to a buyer of 9.6% allowing for standard purchasers’ costs at 1.7% (buyers professional, legal and stamp duty + VAT)
• Reversionary yield 9.83% on fixed uplift on first floor
The premises comprise of a 2-storey end of terrace brick and rendered property under a pitched slate roof. The ground floor shop has return frontage to Bondgate and Skinnergate with well-proportioned sales and rear WC and kitchen. The first floor is accessed from a single door entry in Skinnergate. It Is a separate demise with dedicated, water and electricity.
PRICE
£210,000 (Two Hundred & Ten Thousand Pounds) exclusive, Subject to Contract reflecting a Net Initial return to a buyer of 9.6% allowing for standard purchasers’ costs at 1.7% (buyers professional, legal and stamp duty + VAT)
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Asset Ratings are assessed as:
Ground Floor – Commissioned
First Floor - D (98).
A full copy of the EPC’s are available for inspection if required.
Accommodation:
Ground Floor Sales: 566.00 sqft
Ground Floor Sales: 141.00 sqft
First Floor Office : 462.00 sqft
Kitchen: 23.00 sqft
Total: 1,192.00 sqft
Brochures
15-19 Bondgate, Darlington DL3 7JE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Darlington Station0.5 miles
- North Road Station0.7 miles
- Dinsdale Station3.7 miles
About Connect Property North East Ltd, Stockton-On-Tees
4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB
Connect Property North East is a niche practice of Chartered Surveyors. We provide agency and property advice throughout the North East & Yorkshire.
We are passionate about property and getting the best results for our clients, both new and existing. We are experts in the Retail, Office, Industrial, Investment and Development sectors. Our direct and personal approach to all the work we undertake has built trust and long term relationships with our clients.
Thanks to our industry c
Notes
Disclaimer - Property reference 102338. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Connect Property North East Ltd, Stockton-On-Tees. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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