Property Details

Industrial Investment Opportunity
Lloyds Court, Cleveland Street, Darlington, DL1 2NX
Self contained site incorporating six units. Site area approx. 1.06 acres located approximately 1 mile north of Darlington town centre and affording good transport links via North Road (A167) a main arterial road from the A1M Junction 59 approximately 3 miles distant. The site is located opposite Cleveland Trading Estate, the area incorporates a range of occupiers including HSS Tool Hire, Ward Bros Steel Ltd, Euro Car Parts, Enterprise Travel and Edmundson Electrical. The site was constructed approximately mid 20th Century and refurbished by the present owners to form six separate trade/industrial units. Total Gross Internal Area 1547sq.m. (16,654sq.ft.) One unit is a detached showroom which was constructed after the main building approximately 1990s. Each unit has three phase power. Tenant mix includes MOT/servicing repairs, bathroom furniture and accessories showroom, training facility for adults with learning disabilities/difficulties and sofa manufacturer. Total rents received presently £51,596 per annum.

Overview

Price: £525,000
Type: Investment

Local Branch

Darlington
18 St. Cuthberts Way, Darlington,
Co Durham, DL1 1GB
01325 466945