Location
Barnard Castle is located just north of the A66, approximately 16 miles West of Darlington and draws on an extensive, wealthy hinterland. The popular Market Town is situated in North Yorkshire with an affluent residential population.
The property occupies a prominent location in Horsemarket opposite Costa Coffee and Boyes Department Store and close to Coop, Heron Foods, Holland & Barrett, Boots, and Fat Face and independents Boho Boo and Chocolate Fayre. Free surface parking is available on the Market Place immediately adjacent and in Galgate close by.
Description
The property comprises a three-storey Stone built Grade II Listed property with ground floor shop and 4 newly refurbished flats over first & second floors with independent side access.
Shop - held on a 10 year lease to Marie Curie expiring 9 February 2024 and subject to upward only rent review on February 2019. Shop rent £18,500 pax based on a Tenants Full Repairing and Insuring Lease with Schedule of Condition. The tenant removed their break in 2019 by agreement. https://www.mariecurie.org.uk
4 flats - recently refurbished to a high standard and are configured with new fitted Kitchen diner, Bathroom/WC, bedroom(s) and private entrance hall. They are very well proportioned, and a schedule of room sizes can be provided on request.
Total Gross residential income £20,040 pa
Price
Offers in the region of £500,000 (Five Hundred Thousand Pounds) exclusive of VAT, Subject to Contract.
Listed Features
- Storage
- Parking
- Refurbished
- Period Design
- Kitchen
- No FRI Lease
- Multiple floors
- Column Free