Site last updated Jul 20, 2010
blue box
5 North Road, Durham, County Durham DH1 4SH
 
Investment Sales

Situated in a just off prime location in the heart of the City.

Price: £515,000

Subject to contract
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    • Situated in a just off prime location in the heart of the City.
    • The property is adjacent to The Gates Shopping Centre and a two minute walk from Silver Street.
    • Freehold.
    • The property is let to Luxury Leisure, a subsidiary of The Noble Organisation.
    • Trading as Nobles Amusements.
    • A passing rent of £35,000 per annum.
    • An unexpired term of c.11 years.
    • We are seeking a price of £515,000 subject to contract.
    • Net initial yield – 6.43%
   
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