Retail premises for sale in Wear Road, Stanley DH9, £335,000

335,000.00

Offer Nr.:
65776644
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
A1 BUSINESSES FOR SALE
Phone(s):
01904 918748

* Freehold Investment Property (Tenanted & Businesses are not for sale) in Stanley
* Freehold Price £335, 000
* 5 bed property with 2 leased business premises
* 20 year lease convenience store and 3 bed living premises income £18, 000
* Hairdressers rolling lease income £5, 160
* 2 bed living premises income £4, 560 on stta
* The businesses are not for sale
This is A freehold property investment opportunity. The businesses are not for
sale
Key Features
5 bed property with 2 leased business premises
20 year lease convenience store and 3 bed living premises income £18, 000
Hairdressers rolling lease income £5, 160
2 bed living premises income £4, 560 on stta
**The businesses are not for sale
**
Location
Located in Stanley, a former colliery town and civil parish in County Durham,
North East England. Centred on a hilltop between Chester - le - Street and
Consett, the town lies south west of Gateshead.
Premises
The property consisting of a five bedroom detached building, brick built under
a pitched tile roof with uPVC glazed windows. A convenience store business
premises with external access to the trading area and internal access to the 3
bedroom living premises. A hairdresser business premises with separate
external access. A 2 bedroom living premises with separate external access.
Description
A let building made up of 2 retail units and 2 separate living premises (3
bedroom and 2 bedroom) situated over the ground floor and first floor.
Business operating as a convenience store and off licence, tenant holding a 20
year lease commencement December 2020 with an annual rental income of £18, 000.
Business premises incorporates trading area, internal storage and W. C. And 3
bedroom living premises with lounge, kitchen and bathroom.
Business operating as a hairdresser, tenant holding a 3 year rolling lease
commencement date (tbc) with an annual rental income of £5, 160.
A further living premises incorporates 2 bedrooms, lounge, kitchen and
bathroom with an annual rental income of £4, 560 on a stta.
Leases
Further details on request
Tenure
Freehold sale only
EPC Rating
This business premises energy rating is C and valid until 10 August 2026
Measurements
**Tbc
**
Disclaimer Notice
All information provided within the advert is subject to our standard terms
and conditions of A1 BUSINESSES FOR SALE. See our disclaimer page for more
details.
Viewings
Any viewings for the business and/or property are to be made strictly by
appointment only through A1 BUSINESSES FOR SALE. No approach should be made
directly to the owner or any of their employees.

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