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Studio, in Main Street, £120,000
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0 bed property

Main Street, Ferryhill, DL17
£120,000

Our Summary

  • For Sale – Exceptional High-Yield Freehold Investment, Main Street, Ferryhill, DL17 Positioned in a prominent location on Main Street, Ferryhill, this versatile freehold investment opportunity presents two well-sized retail units—totalling approximately 1,410 sq ft (131 sq m)—right in the heart of this traditional County Durham market town
  • The weighted average unexpired lease term provides stability, while upcoming lease events create scope for re-gearing, improved covenants, or alternative tenant alignment

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Description

The property is a freehold investment opportunity on Main Street, Ferryhill, consisting of two adjacent retail units with a total area of approximately 1,410 sq ft. The units have red-brick façades, large display windows, and secure access options. Unit 16 has electric shutter access, prominent signage, and dual entrance/rear access options, while Unit 17 features a generous frontage and an aluminium-rollover security shutter.

The units are currently let to established local independent retailers, generating an annual rental income of £13,380, with one unit benefiting from a long unexpired lease and the other offering attractive asset management potential. The property has an EPC grade of 'D' and is situated in a busy trading stretch with steady pedestrian traffic, on-street parking, and close proximity to local amenities.