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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 retail unit located in the heart of Bishop Auckland's town center, surrounded by a variety of popular businesses, restaurants, and shops. The property comprises a retail unit on the ground and first floors, with a self-contained flat on the second floor, currently let 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 two bedrooms, a kitchen, bathroom, and living room, with dual aspect windows providing plenty of natural light. The property is situated close to the train station and main bus route, making it easily accessible to Durham, Newcastle, and neighboring towns and villages. With a current rental income of £650 per month from the retail unit, this is an excellent opportunity for investors or businesses looking to establish a presence in the heart of Bishop Auckland.