This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

82 Newgate St
Bishop Auckland DL14 7EQ

Retail Property For Sale

Executive Summary

Investment Consideration:
Vacant possession
ERV: £7,800 p.a. GIY: 15.60%
VAT is NOT applicable to this property
Comprises two-storey retail premises with rear covered courtyard
Fronts directly onto Newgate Street, one of the main designated retail streets in Bishop Auckland with occupiers nearby include Halifax, Santander, Ladbrokes and more.
Property Description:
Comprises two-storey mid terrace building arranged as a ground floor shop with ancillary accommodation at first floor, providing the following accommodation and dimensions:
Ground Floor: 140.3 sq m (1,510 sq ft)
Front and rear retail areas, WC, Outside Covered Seating area
First Floor: 101.8 sq m (1,096 sq ft)
Ancillary, Preparation Area, Office, Male & Female W.C.
Total area size: 242.10 sq m (2,606 sq ft)
Tenancy:
The entire property is at present vacant. ERV: £7,800 p.a.
Location:
Bishop Auckland is a market town in County Durham in north east England. It is located about 12 miles (19 km) northwest of Darlington, 12 miles (19 km) southwest of Durham and approximately 32 miles (51 km) south of Newcastle. The nearest motorway junction is Junction 60 of the A1(M), which is around 8 miles away. The property fronts directly onto Newgate Street, one of the main designated retail streets in Bishop Auckland.

PROPERTY FACTS Sale Pending

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,606 SF
Building Class
B
Year Built
1950
Price
$63,147
Price Per SF
$24
Cap Rate
15.60%
NOI
$9,851
Tenancy
Single
Building Height
2 Stories
Frontage
22 FT on Newgate Street

Amenities

  • Restaurant
  • Storage Space
  • Listing ID: 32211525

  • Date on Market: 6/21/2024

  • Last Updated:

  • Address: 82 Newgate St, Bishop Auckland DL14 7EQ

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}