Summary - Horsemarket, Darlington DL1 5PW
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime town centre location next to major retailers like House of Fraser and Goldsmiths
- Recently completed lease with a strong return of £20,000 pa, yielding a net initial yield (NIY) of 9.3%
- Large commercial space with potential for upper-level residential units
- Mixed-use Georgian-style building with excellent visibility due to large front windows
- Close proximity to key amenities and highly rated schools
**Summary:**
Discover a lucrative commercial investment in a highly sought-after town centre, adjacent to popular retail establishments. This Georgian-style property features a current lease generating an impressive £20,000 per annum, providing a net initial yield of 9.3%. The spacious design includes areas meant for commercial use, such as a restaurant, along with potential opportunities for adding residential units, giving flexibility for future enhancements.
While the surrounding area faces challenges with high crime rates and overall deprivation, the property boasts an excellent mobile signal and average broadband speeds, catering well to modern business needs. This opportunity is perfect for investors seeking both immediate income and future growth potential in a bustling urban environment. Seize the chance to invest in this dynamic location today—opportunities like this don’t last long!
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