1/1A and 3/3A Larkfield Crescent
Address
Shiney Row, Houghton le Spring, Tyne & Wear DH4 4PE
Auction date
23 Apr 2025
Guide price
£95,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Auctioneer
Savills
Description
This is a freehold retail and restaurant investment located in Shiney Row.
- The property is let to tenants trading as Double Happiness, with leases ending in 2032 and 2034.
- It comprises approximately 230.40 sq m (2,480 sq ft).
- The current rent is £13,600 per annum, yielding 14.32% based on the guide price.
Last update: 08 Apr 2025