67 - 69 Skinnergate, Darlington, County Durham, DL3
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
High street retail property for sale
Key features
- Strong Covenants
- 5 Year Leases
- Good Returns
- Excellent Location
Description
Shop 1 - Let to Savers*?They have agreed a new lease from January 2024 for a term of 5 years at a rent of £18,500 per annum
Shop 2: Let to Greggs PLC** for a term of five years from 12th May 2023 at a rental of £17,000 per annum
Shop3: Let to Kebab Shop for a term of 15 years from February 2016 at a rent of £17,500 per annum
Total Rental Income £53,000
Freehold Sale: £620,000
* Savers is part of AS Watson Group, the world's largest international health and beauty retailer operating over 16,000 stores under 12 retail brands in 28 markets, with over 130,000 employees worldwide. For the fiscal year 2022, AS Watson Group recorded revenue of US$22 billion. Every year, we are serving over 5.5 billion shoppers via our O+O (Offline plus Online) technology-enabled platforms.
** Greggs PLC operates 2,473 shops, sales of £1.8 Billion. As of December 2023 the firm had £195Million in net cash.
67 - 69 Skinnergate, Darlington, County Durham, DL3
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 Parker Barras, Teesside
The Qube Windward Way, Middlesbrough, TS2 1QG
Parker Barras are award-winning Commercial Property & Business Transfer Agents formed in 2007 and operating from state-of-the-art office premises, located in Teesside and covering the North East.
Our proactive approach enables the firm to act efficiently on the Sale and Letting of all types of Commercial Property, as well as acting as business transfer agents, helping you achieve the best outcome, when its comes to selling your business.
Parker Barras charge absolutely no upfront
Notes
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