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South View Unit 1 Front St 505 SF 100% Leased Retail Building Pelton DH2 1BP $180,762 CAD ($357.94 CAD/SF)



Investment Highlights
- High local foot traffic and accessibility
- Prime retail space
- Solid lease and promising location
Executive Summary
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
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
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Fast Food
Building Size
505 SF
Building Class
B
Year Built
1950
Price
$180,762 CAD
Price Per SF
$357.94 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.92
Lot Size
0.01 AC
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South View | Unit 1 Front St
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