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55 Newbottle St 974 SF Retail Building Houghton Le Spring DH4 4AR $167,734 CAD ($172.21 CAD/SF)
Investment Highlights
- Prime Location
- Approximately 999 Square Feet
- Spacious Retail Unit
- Potential 9%-10% Yield Per Annum
Executive Summary
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
Space Availability
- Space
- Size
- Space Use
- Position
- Available
An excellent opportunity to lease a mid-terrace retail premises situated in a prominent town centre position on Newbottle Street, benefiting from strong passing footfall and nearby national occupiers including Lidl and Subway. Previously occupied as a butcher’s shop, the property would suit a variety of retail, café, takeaway, beauty, office, studio or service-based uses (subject to any necessary consents). The accommodation extends over two floors and benefits from a spacious open-plan retail sales area to the ground floor with WC facilities and additional first floor accommodation suitable for storage, office or staff use. Externally, the property benefits from a secure rear yard/parking area with gated access providing valuable off-street parking, servicing and loading facilities. The property is available by way of a new Full Repairing and Insuring (FRI) lease for a term of years to be agreed, subject to contract and satisfactory references. Further details are available upon request.
| Space | Size | Space Use | Position | Available |
| Ground | 974 SF | Retail | In-Line | Now |
Ground
| Size |
| 974 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Ground
| Size | 974 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
An excellent opportunity to lease a mid-terrace retail premises situated in a prominent town centre position on Newbottle Street, benefiting from strong passing footfall and nearby national occupiers including Lidl and Subway. Previously occupied as a butcher’s shop, the property would suit a variety of retail, café, takeaway, beauty, office, studio or service-based uses (subject to any necessary consents). The accommodation extends over two floors and benefits from a spacious open-plan retail sales area to the ground floor with WC facilities and additional first floor accommodation suitable for storage, office or staff use. Externally, the property benefits from a secure rear yard/parking area with gated access providing valuable off-street parking, servicing and loading facilities. The property is available by way of a new Full Repairing and Insuring (FRI) lease for a term of years to be agreed, subject to contract and satisfactory references. Further details are available upon request.
Nearby Major Retailers
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Pattinson Commercial
Presented by
55 Newbottle St
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