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29-30 South St 2,394 SF 100% Leased Retail Building Newbottle DH4 4EH $367,039 ($153.32/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent investment opportunity
  • Potential rental income £34600 per annum
  • Private parking
  • Mixed use investment
  • Net internal area 222 sq. m. (2394 sq. ft.)
  • Two ground floor retail units & two flats

EXECUTIVE SUMMARY

The property is located on a busy road which runs through the village close to the junction of Houghton Road, South Street and Coaley Lane. Newbottle is located approximately 2 miles north of Houghton le Spring on the A182.

We are delighted to bring to the market this three storey end terrace property consisting two ground floor retail unit and 2 x first/second floor flats.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,394 SF
Building Class
B
Year Built
1907
Price
$367,039
Price Per SF
$153.32
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.60
Lot Size
0.03 AC

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Tesco
Costa Coffee
Iceland
Morrisons
Lidl
Heron Foods
Lloyds Bank
Nisa
Co-op
YMCA
  • Listing ID: 34870420

  • Date on Market: 2/19/2025

  • Last Updated:

  • Address: 29-30 South St, Newbottle DH4 4EH

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