68 Hope Street, Crook, Durham, DL15 9HT
Neighbourhood betting shop
Let to Durham Brother (Cash Betting) Ltd
£98,500 per annum
Net initial yield 10%
£10,000 per annum rebased rent
Fergus Laird
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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.