Hot Food Takeaway and Flat (Investment) let to 31st January 2029 at £10,400pax Net initial yield 8.88% End terrace two storey property comprising ground floor takeaway and first/ second floor flat. The property is of traditional brick construction with pebble dashing held beneath a dual pitched concrete pan tile covered roof with flat section to rear. The shop incorporates glazed window frontage and comprises an open plan sales area with kitchen, prep and store. The flat can be accessed internally or via pedestrian door from Park Lane and comprises two beds, lounge and bathroom on the first floor. There is an additional attic space used as a bedroom by the tenant on the second floor. The flat is heated by way of a gas fired central heating system and incorporates UPVC double glazing.
The property occupies a corner position with return frontage to Park Lane and Smithfield Road approximately 1 mile south of Darlington town centre. The immediate vicinity is a predominantly residential neighbourhood incorporating local amenities including convenience stores and hair/ beauty providers. The location lies approximately 0.25 miles from Darlington Mainline Railway Station which is presently undergoing a £150M re-development creating two new platforms and a new station building. Darlington is a popular market town situated approximately 14 miles west of Middlesbrough and 20 miles south of Durham. The town has recently attracted HM Treasury and The Department for International Trade which follow the 2019 opening of Amazon’s regional fulfilment centre.
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