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Retail Unit, Office & Flat

Consett £215,000 Freehold REF: NE1890

Description

This is a large end terrace property of traditional stone construction with a pitched slate roof over.  The property is located at the junction of Medomsley Road with Stanley Street and in a prominent position close to the town centre.

The area is mixed use with both residential and commercial accommodation and there is a busy retail parade opposite with free pull in parking.

Property

73 Medomsley Road

Currently rented from 1st June 2023 for 5 years on IRI terms.  Current rent £8,400

73a Medomsley Road

A spacious first floor 3 bed flat currently rented at £450 per month.  The flat would be available with vacant possession if required.

Dean House, Stanley Street

Ground & First Floor office space of 750 sq.ft. (68 sq.m.) rented out from 1st August  2023 at £6,000 per annum.

Services

Water and electricity is installed to all the properties and there is gas central heating in the flat.

Legal Costs

Each party to be responsible for their own legal costs in the transaction.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, always happy to help.

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