Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a freehold, value-add, mixed-use investment opportunity with evident asset management potential.
Arranged as a ground floor retail unit with a separately accessed two bedroom flat to the upper parts, the property is offered with full vacant possession and would therefore be suitable for both owner occupiers and investors.
We understand the property was previously let for £13,000 per annum, and we therefore consider the property benefits from asset management potential via letting, with an opportunity to create a high yielding investment.
The property benefits from a prominent frontage to Clyde Terrace, a popular secondary pitch that effectively forms an extension of the High Street, the principal retail amenity in Spennymoor. The surrounding area is characterised by a mix of local tenants and residential uses.
Tenure
Freehold