£550,000

Property for sale

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Sold STC
Freehold

Offers in region of

£550,000

(£62.34/sq. ft)

Property for sale

Whessoe Road, Darlington DL3

8,822 sq. ft

Local area information

Property location

Nearby amenities

  • North Road (Darlington) 0.3 miles
  • Northwood Primary School 0.4 miles
  • Reid Street Primary School 0.5 miles
  • Darlington 1.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Darlington to find out more about the local area.

Features and description

  • Freehold
  • Currently producing £60,132PAX through 5 tenants
  • Recent car wash letting securing approximately 30% of the income for 5 years
  • Generous 1.04 acre plot
  • Low site coverage providing opportunities for development/expansion (STP)
  • Desirable trade location which has recently undergone significant regeneration around the hopetown project and refurbishment of historic railway buildings
Industrial investment opportunity comprising 4 industrial buildings (providing 5 letting units) and a secure compound occupied by a car wash occupying a site extending to approximately 1.04 Acres.

The investment is currently producing £60,132pax. A purchase at the asking price demonstrates a net initial yield of 10.42% after assuming standard purchasers costs at 4.89%

More information

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Listed by

Carver Commercial A3 Nick & Gordon carver res on A1

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Property descriptions and related information displayed on this page are marketing materials provided by - Carver Commercial A3 Nick & Gordon carver res on A1. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Carver Commercial A3 Nick & Gordon carver res on A1 for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Darlington
  5. Whessoe Road