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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).

Attachments

48-50 Northgate

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

Nearby Major Retailers

Esquires
Costa Coffee
eurochange
Hsbc
Lloyds Bank
Clydesdale Bank
Santander
Barclays
Sainsbury's
Hungry Horse
  • Listing ID: 33231727

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 48-50 Northgate, Darlington DL1 1PR

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