A Darlington building has hit the sale market for £620,000 - but the businesses, including Greggs, Savers and Best Kebab that are currently there will stay put, it has been confirmed.
Earlier this week, a sale advert for 67-69 Skinnergate in Darlington hit the market - offering the building for £620k.
Marketed by Parker Barras in Middlesbrough, the building, which faces the end of Duke Street in the town, is now seeking a new owner.
However initial concerns about the future of the businesses already inside the building have now been clarified, with each of the companies having medium to long-term leases on Skinnergate.
According to Parker Barras, the building is a perfect buy for any prospective owners, due to "strong covenants, five-year leases, good returns, and an excellent location".
According to the listing online, Savers agreed on a five-year lease deal in January 2024 - which yields £18,500 per year, while Greggs has a deal in the building until May 2028, and Best Kebab has a deal in the Skinnergate building until 2031.
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The listing goes on to say that there is a potential to make £53,000 per year on the rent from all three businesses.
See the full listing here.
The Savers in Darlington is part of the wider high street chain, which is part of AS Watson Group, the world's largest international health and beauty retailer operating over 16,000 stores under 12 retail brands, with over 130,000 employees worldwide.
Meanwhile, Greggs operates 2,473 shops across the UK, with sales hitting £1.8 Billion last year.
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