top of page

Durham Retail Parade Acquired In £3.55m Deal

Ward Group Investments has snapped up a multi-let retail parade in Durham City for £3.55m.

Knight Frank Newcastle brokered the deal to purchase 1-7 North Road, which sits within Durham’s retail core opposite the newly-refurbished Riverwalk Shopping Centre.

The 23,000 sq ft parade comprises one convenience food store, five retail units and a kiosk, with tenants including Greggs, Hays Travel, Sainsbury’s and Bank of Scotland.

The investment generates a yield of 8.25 per cent, an annual income of £311,000.


Other Business News

Business Durham

Catch up with the latest regional business news

Add Your News

At Business Durham, we believe that sharing positive news stories about successful businesses in County Durham is important for fostering a supportive and thriving business community. We want to encourage business owners to send us their success stories so that we can share them on our website and celebrate their achievements. We are committed to promoting the county as a great place to do business and providing a platform for businesses to showcase their successes.

Contact us today to share your story!

bottom of page