Residential development for sale

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Residential development for sale

Market Place, Barnard Castle
£400,000

Our Summary

  • We are delighted to offer a Grade II listed commercial investment property with huge potential to develop further income or for residential conversion subject to planning, situated in the heart of the historic market town of Barnard Castle

Description

A Grade II listed commercial investment property with potential for residential conversion, located in the heart of the historic market town of Barnard Castle. The property comprises a self-contained ground floor shop with office, 11 individual office suites with communal kitchen and shared bathroom facilities, and private parking to the rear. The property is currently let to two tenants on a 10-year lease and a rolling 12-month lease, with VAT applicable to the sale price, rent, and service charge. The property benefits from mains connections to electricity, drainage, and water with gas fired central heating, and is rated 'E' on its commercial EPC.
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