Retail investment for sale in Darlington

Published on: 24th May 2017

Our North East agency team is pleased to bring to market an income producing investment available for purchase on Clifton Road, Darlington.

The property is located ½ mile south of Darlington Town Centre, just a short 5-minute walk from Darlington Train Station. Darlington is a large market town in County Durham and the properties are conveniently located within a large residential area.

The Loko Off License property is currently held on a 15 year lease, from February 2012, expiring in 2027. Current passing rent on this property is £10,000 per annum and the lease is subject to 3 year rent reviews. Offers are invited on the property in the region of £150,000 subject to contract.

For more information please contact Kevin McGorie on 0191 269 0174 or click here to view more information on the property.

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Agency - sales & lettings

Our award winning property agents provide transactional services across the UK to owners, occupiers, investors and developers. Our agency teams specialise in regions and industries around the country, providing local insight and technical knowledge that's relevant to your business, property and location. We add value by offering commercially astute advice, and alerting you to the opportunities and threats that might affect your transaction. We'll also work with our property and building consultants to advise you on planning, valuations, business rates, dilapidations, building surveys, lease and rent reviews, as well as talk to our in house architects about any fit-out requirements.   Contact Us

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Our award winning property agents provide transactional services across the UK to owners, occupiers, investors and developers.

Our agency teams specialise in regions and industries around the country, providing local insight and technical knowledge that's relevant to your business, property and location.

We add value by offering commercially astute advice, and alerting you to the opportunities and threats that might affect your transaction.

We'll also work with our property and building consultants to advise you on planning, valuations, business rates, dilapidations, building surveys, lease and rent reviews, as well as talk to our in house architects about any fit-out requirements.

 

Contact Us

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Development site for sale in prestigious residential area in Sunderland

Villa Maria, a large, 0.594 acres residential development site, located in Silksworth, Sunderland is now up for sale. The site is located on the desirable residential street of Silksworth Hall Drive in Silksworth, which is just 3.8miles east of Sunderland City Centre and 10miles north of Durham. Situated adjacent to the grounds of Silksworth Hall the plot occupies a prime position on the street and there has been planning permission granted for three large luxury detached properties.

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Villa Maria, a large, 0.594 acres residential development site, located in Silksworth, Sunderland is now up for sale.

The site is located on the desirable residential street of Silksworth Hall Drive in Silksworth, which is just 3.8miles east of Sunderland City Centre and 10miles north of Durham.

Situated adjacent to the grounds of Silksworth Hall the plot occupies a prime position on the street and there has been planning permission granted for three large luxury detached properties.

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Charlotte Marshall, agent for the property, commented, “Villa Maria is a great site that offers not only a desirable location, but also a brilliant development opportunity.

“There is already planning permission in place for three fantastic houses to be built and we have included some indicative plans in our property particulars that give an idea of the grandeur of the properties.”

Offers are invited for the benefit of our clients freehold interest, subject to contract. For more information please click here to view the property listing.

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May Deals Update

At the start of May, we published our annual review, a look through some of our project highlights during from the past year. Click here to view our annual review. In the North East we have a number of new instructions now on the market in a range of property sectors. We have a number of brand new industrial and office units available at Hownsgill Industrial Park, a well-established commercial area in Consett, County Durham. We have a further industrial unit available in Tyne Tunnel Trading Estate, North Shields, the large 22,775 sq ft is now available to let by way of a sub-lease. A unique city centre restaurant/leisure opportunity has come on the market on Nelson Street in Newcastle city centre. The listed building forms part of the historic Grainger Market and comprises a leisure unit and office space.

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At the start of May, we published our annual review, a look through some of our project highlights during from the past year. Click here to view our annual review.

In the North East we have a number of new instructions now on the market in a range of property sectors. We have a number of brand new industrial and office units available at Hownsgill Industrial Park, a well-established commercial area in Consett, County Durham. We have a further industrial unit available in Tyne Tunnel Trading Estate, North Shields, the large 22,775 sq ft is now available to let by way of a sub-lease.

A unique city centre restaurant/leisure opportunity has come on the market on Nelson Street in Newcastle city centre. The listed building forms part of the historic Grainger Market and comprises a leisure unit and office space.

[fulltext] =>

In the Newcastle office market there was signs of the industry coming to terms with the continued political uncertainty with take up in the out of town market increasing by over 60% on the previous quarter. View the full Newcastle offices market update here.

In Manchester our machinery and business assets team provided initial asset valutation advice to FRP Advisory as part of the sales process of North Wales based Cambrian Park and Leisure Homes. The company was sold out of administration to Porthmadog holiday company, Cambrian and Sovereign Holding Group Ltd.

In Yorkshire we were pleased to sell the former Leeds Diocesan Office building to the Leeds Society for Deaf and Blind People. Acting on behalf of the Diocese we sold the offices in a competitive bidding process for in excess of the £500,000 guide price. Starbucks, the leading coffeehouse brand, is set to open a new shop at Meridian Point Retail and Leisure Park in Cleethorpes. Acting on behalf of Maltgrade Limited, we have let the 1,714 sq ft unit to the franchisee. 

Our Leeds team also received a number of new instructions in April, including a prominent industrial unit available near Leeds city centre. The 9,057 sq ft light industrial unit is just half a mile from Leeds, offering tenants an affordable city centre unit with close proximity to major transport links.”

In the first quarter of 2017 the Leeds office market take-up stood at 160,679 sq ft, reflecting a 22,055 sq ft increase on the final quarter of 2016. You can view the full Leeds offices market update for Q1 2017 here.

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