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Property
Byerley Road, Shildon DL4
£120,000
Byerley Road, Shildon DL4
£120,000
Our Summary
- However the property also provides potential subject to relevant planning consents to be converted into a residential family home or to create two flats on the first floor above retaining the commercial unit
Description
This commercial property on Byerley Road in Shildon is a unique opportunity to purchase a property with a tenant in situ, currently generating £9,000 per annum on a 10-year lease with 8 years remaining. The property is situated in a convenient location, close to local amenities, public transport links, and major roads, making it ideal for commuters. The property itself offers potential for redevelopment, subject to relevant planning consents, to convert it into a residential family home or create two flats on the first floor above retaining the commercial unit. The property features an entrance hall, main hall, separate kitchen, cloakroom, and stairs leading to a first-floor balcony area, with on-street parking available externally.