26 Front Street, Langley Park, County Durham, DH7

Retail

923 Sq Ft (85.75 Sq M)

For Sale

£98,000 for the Freehold

Small neighbourhood lock-up shop

Let to Hairdressers

Rebased rent £10,000 per annum

£98,000 showing 10% net initial return

New three year lease from June 2024.

Fergus Laird

Interested in this property?
Please contact me

fergus@naylorsgavinblack.co.uk 0191 232 7030

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Location

Langley Park comprises a small village in the heart of County Durham on the A691 between Lanchester and Durham. Front Street provides retails offering to the village.

Description

Mid terraced two storey lock-up shop.

Terms

The property is available by way of freehold sale, subject to a new three year full repairing and insuring lease to Chris Bilcliff at a rent of £10,000 per annum and from the 20th June 2024.

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