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Offers in the region of £425,000

2 - 8 Clarks Yard

Darlington, DL3 7QH

The Space

Unique Opportunity to acquire one of the oldest buildings in the famous "Yards" of Darlington Town Centre

At a glance

Property Type Retail
Tenure For Sale
Size 3,706 sq ft
Price Offers in the region of £425,000
Business Rates Upon Enquiry
Service Charge n/a
Energy Performance Rating This property has been set as EPC exempt.
Reason: Listed building

Darlington
9 mins


North Road (Darlington)
16 mins


Dinsdale
71 mins


Heighington
98 mins


Chesham
3837 mins


Amersham
3879 mins


Chalfont and Latimer
3894 mins


Broxbourne
3907 mins


Key Points

  • Grade II Listed
  • Over 250 years old dated 1767
  • Darlington's infamous "Clarks Yard"
  • Unused 2nd floor and basement potential
  • Alternative uses (STP)
  • Income producing Asset Management/Development opportunity
  • ///venues.wizard.goods

Description

The property comprises currently five small retail/workshop units over ground and first floors the building was constructed in 1767 over 250+ years old, one of very few left of "old Darlignton" featuring traditional brick/block walls and a pitched roof. This property was last on the market around 40 years agon and in the early 1990’s, substantial lovingly redevelopment works were carried to match and enhance its Grade II listed status to bring into modern standard at the time for commercial use. Units 2, 6 & 8 are located on the ground floor and provide space ranging individually from 231 – 352 sqft, with their own wc or staff areas. These units have their own entrance doors, trading as a Gent’s barbers, Gift shop (opening in May 25) and a Cheese & Wine shop.

The first floor provides a further two commercial units a Beauty parlour/Saloon and a Tattoo studio, these units share an internal first floor WC and and storage area. There is further unutilised space that has never been developed by the current owners on the second floor, which runs the whole length of this parade of units as well as unused basement space that may be able to be used for commercial use. All units are let producing £22,380 per annum, this site offers opportunities to refurbish or redevelop with substantial scope for further rental increases .

Available area

The accommodation comprises the following areas:

Name Floor/Unit Building Type Size Tenure Price
Building Building Retail 3,706 sq ft For Sale £425,000

The Location

The whole building shares pedestrian access to the wider Clark’s yard just off High Row, providing limited vehicle access for deliveries, through the adjoining narrow access paths onto Skinnergate Road, this building does dominate and is a very attractive and the main building situated in Clarks Yard. The property is located in the heart of Darlington’s Town business center and approx. no more than a 1 mile west of Darlington Main line train station, this building is situated within a well-established traditional retail/leisure area of the Town.

VAT

We have been informed that this building has not been elected for VAT purposes.

Legal

Each party to pay their own legal fees incurred in this transaction

Anti-Money Laundering

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

Offers in the region of £425,000