48-50 Northgate
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48-50 Northgate
4,573 SF 100% Leased 4-Star Retail Building Darlington DL1 1PR $478,368 ($105/SF)
Investment Highlights
- Daytime Foot Traffic
- Access via the A1M
- Access via the A66
Executive Summary
Offers in the Region of £385,000.
Prime town centre investment / development opportunity. The property comprises a substantial corner retail premises held over three floors. The property is of traditional brick construction held under a multi-pitched tile covered roof.
The ground floor comprises a substantial retail premises with extensive window frontage let to CCHG Ltd. (T/A VPZ).
The upper floors have separate access from Crown Street comprising a number of cellular former office/ store rooms with (expected) planning consent to create 6 apartments (by way of two planning permissions).
Prime town centre investment / development opportunity. The property comprises a substantial corner retail premises held over three floors. The property is of traditional brick construction held under a multi-pitched tile covered roof.
The ground floor comprises a substantial retail premises with extensive window frontage let to CCHG Ltd. (T/A VPZ).
The upper floors have separate access from Crown Street comprising a number of cellular former office/ store rooms with (expected) planning consent to create 6 apartments (by way of two planning permissions).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,573 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1915
Price
$478,368
Price Per SF
$105
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
77 FT on Northgate
Amenities
- Energy Performance Rating - D
- Storage Space
- Air Conditioning
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48-50 Northgate
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