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Bakehouse Hill 4,000 SF 100% Leased Retail Building Darlington DL1 5QA $442,279 ($110.57/SF)
Investment Highlights
- Substantial, freehold commercial property
- Ground floor retail units and upper floor office accommodation
- Located in the heart of Darlington town centre
Executive Summary
Freehold commercial building, 2 retail units & upper floor office Located in the heart of Darlington.
Ideal for investors/owner occupiers
A substantial freehold property located in the heart of Darlington town centre.
The property offers a commercial building over 4 floors, including 2 ground floor retail units and upper floor office accommodation.
The space offers an ideal development opportunity with the upper floors already benefitting from a dedicated entrance.
Planning has been granted for the conversion of the property to form 2 retail shops, with 5 apartments to the upper floors, this is under ref: Planning Application: 23/01278/FUL. A plan for which is included in the details although further information can be found on the planning portal. The application includes the relevant Nutrient Neutrality credits for 5 new residential units.
The building offers potential for various development schemes subject to planning and an early viewing is recommended to appreciate the full potential on offer.
Brief Terms
Terms: Freehold. The property is available to purcase freehold, with vacant posession on completion.
Ideal for investors/owner occupiers
A substantial freehold property located in the heart of Darlington town centre.
The property offers a commercial building over 4 floors, including 2 ground floor retail units and upper floor office accommodation.
The space offers an ideal development opportunity with the upper floors already benefitting from a dedicated entrance.
Planning has been granted for the conversion of the property to form 2 retail shops, with 5 apartments to the upper floors, this is under ref: Planning Application: 23/01278/FUL. A plan for which is included in the details although further information can be found on the planning portal. The application includes the relevant Nutrient Neutrality credits for 5 new residential units.
The building offers potential for various development schemes subject to planning and an early viewing is recommended to appreciate the full potential on offer.
Brief Terms
Terms: Freehold. The property is available to purcase freehold, with vacant posession on completion.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,000 SF
Building Class
B
Year Built
1899
Price
$442,279
Price Per SF
$110.57
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Amenities
- Corner Lot
1 1
Nearby Major Retailers
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Bakehouse Hill
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