68 Hope Street, Crook, Durham, DL15 9HT

Retail

1,689 Sq Ft (156.91 Sq M)

For Sale

£98,500

Neighbourhood betting shop

Let to Done Brothers (Cash Betting) Ltd

£98,500 per annum

Net initial yield 10%

£10,000 per annum rebased rent

Fergus Laird

Interested in this property?
Please contact me

fergus@naylorsgavinblack.co.uk 0191 232 7030

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Location

Crook is a market town in the heart of County Durham, 10 miles south west of Durham and 6 miles north east of
Bishop Auckland.

The property is located on Hope Street, the main street running through the centre of the town.

Description

Ground and first floor mid terrace property. Access to the first floor has been blocked up and mothballed with no current access.

Terms

Freehold subject to a new five year full repairing and insuring lease to Durham Brothers (Cash Betting) Ltd at an annual rent of £10,000 per annum with a tenant only break option after three years and giving no less than six months notice.

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