Mixed-use investment property comprising shop, warehouse and 4 flats.
The property fronts North Road (A167) approximately 1 mile north of Darlington town centre amongst occupiers including Morrisons, Aldi, Greggs and Poundland.
Gross annual income £42,940pax (rising to £44,362). A purchase at the asking price demonstrates a net initial yield in excess of 10% and a reversionary yield in excess of 10.5% after assuming standard purchasers costs