*Guide | £500,000+ (plus fees)
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Mid Terrace Commercial Building Arranged to Provide a Ground Floor Retail Unit with Ancillary Space on the Upper Floors Fully Let to Poundland Producing £62,300 Per Annum
The property comprises a mid terrace commercial building arranged to provide a ground floor retail unit with ancillary space on the upper floors.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include; CeX, Lloyds Bank and Costa Coffee. The open spaces of South Park are within easy reach. Transport links are provided by Darlington rail station.
Accommodation
Ground Floor Retail Unit First, Second and Third Floors Ancillary Space
Tenancy
The property is subject to an FRI Lease let to Poundland Limited for a term of 5 years commencing 1st December 2022 at a rent of £62,300 per annum.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
