Maisonette for sale in Houghton Le Spring

About the property

Occupying a prominent position in an established and densely populated area this is an impressive and vastly improved two storey semi commercial building, being sold as an investment. Until recently, the ground floor office premises have been used as a YMCA meeting facility, and is now vacant and to let, suitable for a variety of uses, subject to permission from the local authority. It provides approximately 100 sqm of usable office floor space, plus two kitchens and W.C. facilities. It has been extended to the rear and extensively improved with gas C.H. etc. The flat is situated to the first floor, with its own access from the side. It has been refitted, and now has modern kitchen/bathroom fittings, combi gas C.H., UPVC double glazing etc. It is presently occupied by a residential tenant.
The buyer has the choice of using the ground floor for their own business and taking an income from the flat, or letting out the ground floor and taking an income from the whole. Read more

Property at a glance

  • Outstanding Semi Commercial Investment
  • Ground Floor Presently Vacant And To Let
  • Ground Floor Offices - £9,500 pax (approx)
  • First Floor Flat Let At - £4,800 pax
  • Potential Rental Return £15,300 pa - 12.25%

Contact agent

Contact agent

Kimmitt & Roberts Estate Agents

Imperial Buildings 1 Church Street

Houghton Le Spring

Tyne & Wear

DH4 4DJ

United Kingdom

Tel: 0191 5848080

info.houghton@kimmittandroberts.com

Property Photos