33 - 33A Fore Bondgate, Bishop Auckland, DUR

The property comprises a two storey brick built building in ground floor retail use and first floor residential space. The net internal area is 350 sq ft. The property is located on the north side of Fore Bondgate, close to its junction with North Bondgate and High Bondgate. Bishop Auckland Railway Station is located 0.5 miles to the south.

Sale Notes:
The investment opportunity comprises the self-contained shop at 33A Fore Bondgate, the two bedroom house at 33 Fore Bondgate and the separate one bedroom flat at 36 North Bondgate. The marketing agents are advised that the house is currently on the market to let at an asking rent of £400 pcm.

Flat 36 is presently let (recently) on a shorthold assured tenancy basis for £260 per calendar month. 33a Bondgate (ground floor shop premises) : At the time of preparing these particulars the shop is vacant and on the market to rent at an asking rent of £3,600 per annum, exclusive on an internal repairing and decorating basis. Total potential gross income £11,520 per annum.

The freehold investment is for sale at £110,000. Total potential gross income £11,520 per annum. The marketing agents are advised by Durham County Council that the shop is listed in the current rating list from April 2010 at £2,275.00.