Hope Street, Crook, County Durham, DL15

Guide price

Investment opportunity or ideal for anyone seeking a retail unit that they can live above.

When fully let on previous terms, this mixed use property represents a gross return on investment of 8% at the full asking price.

On street level, there is a good sized, vacant, retail unit which in previous years has been a hair dressers and most recently an arts and crafts shop. This has previously been let at £475 per calendar month. There is one main room then at the back there is a kitchenette / staff room and a wc.

On the first floor there is a one bedroom flat which has previously been let for £325 per calendar month, although this too is currently vacant. There is a large living room/dining room arranged around a fireplace, a bedroom with kitchen and shower room accessed just off this. The flat has been recently decorated, had a new kitchen fitted and has had new carpets fitted throughout.

Both properties have independent access, however are currently joined via an internal door so could be used by two separate parties, or by anyone wishing to live above their business. Both parties have independent gas heating systems.

Other businesses on Hope street include a number of food outlets, pubs, hairdressers and shops.

Marketed by 01388 213705

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