Lotu.uk

 - UK Property Auctions

Lot 544 - 52 Front Street

Lot 544 - 52 Front Street

Address

52 Front Street, Stanley, DH9 0HU, England

Auction date

02 Jul 2025

Guide price

£95,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Auctioneer

Savills

Description

This property represents a lucrative retail investment opportunity, currently let to Greggs Plc on a recently renewed 10-year lease set to expire on 23 July 2035. The annual rental income is £10,750, showcasing a strong yield potential.

  • Situated in a prominent location on the pedestrianised Front Street, the principal retail area of Stanley.
  • Nearby businesses include well-known retailers such as William Hill and Boots.
  • The lease terms are fully repairing and insuring and include an option for tenant's break and an open market rent review in the fifth year.

Last update: 15 Jun 2025

Similar property auctions: