Darlington property up for auction after furnishing store’s relocation
So Unique’s previous location at 16 Post House Wynd in Darlington, is up for grabs with a guide price of £90,000 after the business relocated in April to the corner of Queen Street and Northgate
The property is expected to go under the hammer through SDL Property Auctions on November 21.
Open to remote bidding online, via phone, and by proxy, the auction is to be livestreamed with registration closing at 5pm the day before.
It is a two-storey retail investment premises of traditional brick construction, boasting an attractive glazed window frontage at ground floor level secured with steel electric shutters.
Estate agents, SDL Property Auctions, highlighted its prime location and its current rent passing at £12,500 per annum.
The premises include a ground floor open plan sales area, a rear sales/store, and an additional sales area on the first floor, which also houses two offices/stores and a kitchen/wc.
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Estate agents noted that the premises offer a yield at guide of 13.88 per cent.
Post House Wynd, where the property is located, is a popular retail thoroughfare connecting Skinnergate with High Row in the heart of Darlington town centre.
The area features a diverse variety of businesses including shops, cafes, and professional services.
Estate agents also pointed out the property’s convenient location, with swift transport links across the region via the A66 and A1(M).
Interested parties are advised to inspect the legal pack for more information, as the tenant has exercised their break clause.