Retail premises for sale in Skinnergate, Darlington DL3
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Property description
Shop 1 - Let to Savers* They have agreed a new lease from January 2024 for a term of 5 years at a rent of £18,500 per annum
Shop 2: Let to Greggs plc** for a term of five years from 12th May 2023 at a rental of £17,000 per annum
Shop3: Let to Kebab Shop for a term of 15 years from February 2016 at a rent of £17,500 per annum
Total Rental Income £53,000
Freehold Sale: £620,000
* Savers is part of as Watson Group, the world’s largest international health and beauty retailer operating over 16,000 stores under 12 retail brands in 28 markets, with over 130,000 employees worldwide. For the fiscal year 2022, as Watson Group recorded revenue of us$22 billion. Every year, we are serving over 5.5 billion shoppers via our O+O (Offline plus Online) technology-enabled platforms.
** Greggs plc operates 2,473 shops, sales of £1.8 Billion. As of December 2023 the firm had £195Million in net cash
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Parker Barras, TS2 on +44 1642 966828 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Barras, and do not constitute property particulars. Please contact Parker Barras for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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