GVA Grimley - Retail - Darlington, High Row

Date: 25 Feb 2000

Developer Terrace Hill Group has sold the freehold interest of 19/20 High Row, Darlington to a local investor for £850,000, reflecting an initial yield of 7.4%.

The 278.7 sq m (3,000 sq ft) retail units create an annual income of £66,000. Tenants include Greggs the Bakers and Historic Collections trading as Past Times.

GVA Grimley and Edward Gill & Co acted for Terrace Hill Group and Dodds Brown Commercial advised the purchaser.

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