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55 Newbottle St 1,280 SF Retail Building Houghton Le Spring DH4 4AR $180,165 CAD ($140.75 CAD/SF)
Investment Highlights
- Primate Location
- Approximately 999 Square Feet
- Spacious Retail Unit
- Potential 9%-10% Yield Per Annum
Executive Summary
*PRIME HIGH STREET LOCATION*SPACIOUS RETAIL UNIT*SITUATED OVER TWO FLOORS*POTENTIAL RENTAL INCOME OF 9%-10% YIELD PER ANNUM*
Pattinson Estate Agent are pleased to welcome to the market this spacious retail unit, which is approximately 999 square feet and is located in the prime location of Newbottle Street in Houghton Le Spring Town Centre. The unit could be suitable for a wide variety of uses, subject to obtaining the relevant planning consent.
Formerly used as a Butchers, the property comprises open plan aspect with two good sized storage areas and a WC facilities and to the first floor there is an ancillary storage to the first floor. Externally to the rear there is gated parking facilities to the premises.
Early viewing comes highly recommended to appreciate the size and location of this property. Please call our Houghton branch to arrange an appointment to view.
Pattinson Estate Agent are pleased to welcome to the market this spacious retail unit, which is approximately 999 square feet and is located in the prime location of Newbottle Street in Houghton Le Spring Town Centre. The unit could be suitable for a wide variety of uses, subject to obtaining the relevant planning consent.
Formerly used as a Butchers, the property comprises open plan aspect with two good sized storage areas and a WC facilities and to the first floor there is an ancillary storage to the first floor. Externally to the rear there is gated parking facilities to the premises.
Early viewing comes highly recommended to appreciate the size and location of this property. Please call our Houghton branch to arrange an appointment to view.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,280 SF
Building Class
C
Year Built
1901
Price
$180,165 CAD
Price Per SF
$140.75 CAD
Tenancy
Single
Building Height
2 Stories
Frontage
15’ on Newbottle Street
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Nearby Major Retailers
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Pattinson Commercial
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55 Newbottle St
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