TypeMixed Portfolio Investments

DL1 82-86 North Road, Darlington

TenureFor sale

82-86 North Road, Darlington, DL11/7

Specification

Building size
Building size4,423sqft
Property type
Property typeMixed Portfolio Investments
Tenure
TenureFor sale

Description

Mixed-use investment property comprising shop, warehouse and 4 flats.

The property fronts North Road (A167) approximately 1 mile north of Darlington town centre amongst occupiers including Morrisons, Aldi, Greggs and Poundland.

Gross annual income £42,940pax (rising to £44,362). A purchase at the asking price demonstrates a net initial yield of 9.46% and a reversionary yield of 9.77% after assuming standard purchasers costs at 4.4%

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