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2 bed property
Newgate Street, Bishop Auckland DL14
£100,000
Newgate Street, Bishop Auckland DL14
£100,000
Our Summary
- A unique opportunity to purchase this investment opportunity located on Newgate Street in Bishop Auckland
Description
This investment opportunity is a unique property located on Newgate Street in Bishop Auckland's busy town center. The property consists of a retail unit on the ground floor, which is currently rented for £650 per month, and a self-contained flat on the first and second floors, which is rented for £400 per month. The retail unit has a shop floor, kitchen, WC, and stairs leading down to a basement level with storage rooms and garage doors. The flat has a master bedroom, bedroom two, kitchen, bathroom, and living room, all with natural light from dual aspect windows. The property is situated near the train station and bus route, making it easily accessible to Durham, Newcastle, and neighboring towns and villages. The town of Bishop Auckland has seen significant investments in recent years, including Auckland Castle, gardens, and the Spanish Art Gallery, making it an attractive location for businesses and residents alike.