REF: 220726314

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For Sale

For Sale: 11 Blackwellgate, Darlington, DL1 5HS 

Key Features

  • Prime Town Centre Location
  • Currently Occupied
  • Scope For Future Redevelopment

Specifications

Invest and Develop, retail

4994.3 sqft

295000

Description

For Sale: 11 Blackwellgate, Darlington, DL1 5HS 

Retail unit located on Blackwellgate, Darlington within the town centre. 

The unit is currently occupied by Evans Cycles and has access onto Blackwellgate. 

Spead across three floors with access to Mechanics yard at the rear. 

Ground Floor floor sales area with stairs to the front of the property to access the first floor retail space. A rear staircases is also in place to access the upper floors. 

Ground Floor  2,196.17 sq ft / 204.03 sq m 

First Floor 2,128.99 sq ft / 197.78 sq m 

Second Floor 669.14 sq ft / 62.16 sq m 

Total size: 4,994.30 sq ft / 463.97 sq m 

Freehold  £295,000

The tenants current agreement is in place until March 2026 and is on the same agreement as House of Fraser, the unit is  also currently accessible through House of Fraser at ground floor and first floor level, it would be easily divided, to create a self contained unit. 

Discussions are ongoing with House Of Fraser regarding  taking a new lease. 

The property is opted to tax and can be sold as TOCG. 

For business rates purposes the property is rated as part of the wider House of Fraser Store  and if separated would need to be reassessed for business rates.