INDUSTRY

Commercial Land

BUSINESS SUMMARY

Four Residential Properties in Darlington Confidentially offered for sale Ref No: AC110 Location: Darlington Asking price: £850,000 The four properties are located in Darlington, an up and coming busy market town within commuting distance of both Teeside and Newcastle. It is only 15 minutes away from Teeside airport and also close by to the picturesque Yorkshire Dales. All of the properties have been tastefully restored by the current owner and are rented out as both individual and family flats. Each one is in constant demand due to the reasonable rent charged. All of the properties have fitted kitchens, and have carpeting and curtains. The properties have been recently valued, but house prices in this area are still rising steadily. They bring in a combined rent of circa £43,000 per annum, although the current owner suggests that a higher rental could be achieved. Each of the properties is looked after on a day to day basis by a local property maintenance manager.

	BUSINESS FINANCIALS
Asking Price: £850,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	DETAILS ABOUT THE SALE
Reason for Selling The owner wishes to concentrate on his other commercial ventures Is Management Willing to Stay? No Are You An Intermediary? No