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 5 March 2020

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