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52 Northgate 1,999 SF Retail Building Darlington DL1 1PR $408,258 ($204.23/SF) 8.88% Cap Rate
Investment Highlights
- The town is served by the A167 & A68 which provides direct access to the A1(M)
- Situated on the east side of Northgate, close to its junction with Crown Street
- Darlington Rail Station is located some 1km south east of the property
Executive Summary
The property comprises a freehold investment opportunity for sale.
The asking price is £300,000 - £325,000, representing a gross initial yield of 8.88%.
The asking price is £300,000 - £325,000, representing a gross initial yield of 8.88%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,999 SF
Building Class
B
Year Built
1900
Price
$408,258
Price Per SF
$204.23
Cap Rate
8.88%
NOI
$36,253
Tenancy
Single
Building Height
3 Stories
Building FAR
2.12
Lot Size
0.02 AC
1 1
Nearby Major Retailers
1 of 6
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52 Northgate
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