Property photos
Freehold
Offers over
£97,500
(£193.07/sq. ft)
Property for sale
South View, Pelton, Chester Le Street DH2505 sq. ft
Local area information
Property location
Nearby amenities
- Pelton Community Primary School 0.2 miles
- St Benet's Roman Catholic Voluntary Aided Primary School 0.7 miles
- Chester-le-Street 1.7 miles
- Dunston 5.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Located in the area of South View, Pelton, Chester Le Street, this commercial property presents an excellent investment opportunity. Spanning an impressive 505 square feet, this shop is available for sale, offering a chance to acquire a prime retail space.
The property is currently under a secure lease agreement, with 7 years remaining on a 10-year term. This ensures a steady income stream, as the annual rent is set at £10,200. Such a lease arrangement provides peace of mind for potential investors, allowing for a stable return on investment in a growing area.
The location itself is advantageous, situated in a community that benefits from both local foot traffic and accessibility. This commercial shop is ideal to serve as a strategic addition to an existing portfolio.
With its solid lease and promising location, this property is not just a shop; it is a gateway to a fruitful investment in the heart of Chester Le Street. Do not miss the chance to explore this opportunity further.
Buyers fee payable
The property is currently under a secure lease agreement, with 7 years remaining on a 10-year term. This ensures a steady income stream, as the annual rent is set at £10,200. Such a lease arrangement provides peace of mind for potential investors, allowing for a stable return on investment in a growing area.
The location itself is advantageous, situated in a community that benefits from both local foot traffic and accessibility. This commercial shop is ideal to serve as a strategic addition to an existing portfolio.
With its solid lease and promising location, this property is not just a shop; it is a gateway to a fruitful investment in the heart of Chester Le Street. Do not miss the chance to explore this opportunity further.
Buyers fee payable
More information
Listed by
Dean & Co Estates
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Property descriptions and related information displayed on this page are marketing materials provided by - Dean & Co Estates. 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 Dean & Co Estates for full details and further information.