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60-62 Newgate St 1,955 SF 100% Leased Retail Building Bishop Auckland DL14 7EQ $286,957 ($146.78/SF) 11.97% Cap Rate

Storefront Properties Co Durham Bishop Auckland 60-62 Newgate St, Bishop Auckland DL14 7EQ

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INVESTMENT HIGHLIGHTS

  • Bus Route
  • Daytime Foot Traffic
  • Access via A689

EXECUTIVE SUMMARY

Offers in the Region of £260,000.
Mixed Investment Property:- Gross Annual Income: £26,460
Ground floor shop and 3 x Apartments – Net Initial Yield 9.9%

ATTACHMENTS

60-62 - Newgate Street FREEHOLD (1)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,955 SF
Building Class
B
Year Built
1902
Price
$286,957
Price Per SF
$146.78
Cap Rate
11.97%
NOI
$34,355
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Frontage
22’ on Newgate Street

AMENITIES

  • Storage Space

LINKS

1 1

NEARBY MAJOR RETAILERS

Heron Foods
Santander
HSBC
Virgin Money
ASDA
Morrisons
Barclays
+44 1325 466945

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Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 34997112

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 60-62 Newgate St, Bishop Auckland DL14 7EQ

The Retail Property at 60-62 Newgate St, Bishop Auckland, DL14 7EQ is currently available for Sale. Contact Carver Commercial for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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60-62 Newgate St
+44 1325 466945 x

60-62 Newgate St

Chris Farlow
+44 1325 466945

Julie Nichol
+44 1325 466945

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