Fifth Street, Horden, SR8 4BU

Guide Price: £65,000

Description A particularly attractive investment opportunity with an 18% yield (based on guide price) comprising a substantial ground floor shop premises trading as a post office, a first and second floor three bedroom maisonette, with gas central heating, roller shutter door to off street parking, plus a range of currently redundant outbuildings which could, with the requisite consents, become additional commercial/residential premises.

Location The property is within a residential and commercial neighbourhood in this village on the east coast of Durham and being close to Peterlee and the A19.

Tenure Freehold, subject to a 5 year lease dated 1st October 2019 with rent payable of £975.00 pcm (£11,700 per annum).

Energy Performance Certificate Flat - Grade C.

Solicitors Eatons Solicitors, 120 Main Street, Bingley, BD16 2JJ. Tel: 01274 562322 FAO: David Butterfield.

NOTE The approximate floor area plan does include the outbuildings.

Our next auction is on 5th December 2019

Have you got a property that you would like to sell at Auction?

We are currently taking new instructions

PLEASE CONTACT US FOR MORE DETAILS AND TO ARRANGE A VIEWING

Latest News Articles
5 tips for maximising returns from your commercial property

5 tips for maximising returns from your commercial property

If you’ve read our previous article about the Read More

Buy-to-let Landlord Property Insurance

Buy-to-let Landlord Property Insurance

If you own a property and rent it out, ordinary home insurance won’t be sufficient to protect your...
Read More

A commercial property agent with a refreshing approach

A commercial property agent with a refreshing approach

The FSS commercial team has recently received a glowing endorsement from a client who says our approach...
Read More

Bumper Auction to End 2019

Bumper Auction to End 2019

Whether you’re looking for a post office, a pub or a family home, the final FSS property...
Read More

01423 501 211 follow us on Twitter follow us on Facebook follow us on Linkedin follow us on Instagram