DL4 52-52A, 64-66 & 79-79A Church Street, Shildon

Local retail portfolio comprising 3 shops, 3 flats and 1 x house.

The properties are situated in the heart of Shildon town centre amongst a diverse variety of businesses including B&M, Cooperative Funeral Care and Hays Travel amongst a range of other independent businesses.

Gross rents currently received £27,000pax which will increase to £31,800 on the re-letting of one vacant shop unit.

A purchase at the asking price demonstrates a net initial yield of 9.91% improving to 11.67% on re-letting of the vacant shop.