A Darlington estate agents' building is up for sale... marketed by a rival estate agency.
Office buildings on Duke Street, one of which houses JW Wood, have been listed with Carver Commercial for offers in excess of £450,000.
A lease for JW Wood to operate an office on the site began in July 2010 and is set to expire in July 2025.
The property is described on Rightmove as a "unique investment/ development opportunity" located in the heart of Darlington's professional district.
It features two open-plan shop units on the ground floor, one of which is the estate agency. both with glazed window frontages to Duke Street.
The rest of the accommodation includes traditional offices, kitchen facilities, restrooms, and storage areas.
JW Wood covers a net internal area of 992sq.ft. including space on the lower ground and ground floors.
The rent is currently £13,200 per annum, with reviews every three years.
Carver was established in 1991 and has an office a handful of doors down the street from JW Wood on Duke Street. The business has offices across the North East and North Yorkshire and set up its commercial portfolio in 2003.
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It comprises three interconnecting office and shop units, extending to around 9,234sq.ft.
Part of the ground floor is occupied by JW Wood under a lease until July 2025, while the rest of the building remains vacant.
The property is said to suit various redevelopment opportunities, subject to the necessary consents.
It is heated by a gas-fired central heating system and includes two car parking spaces at the rear.
Situated in Darlington’s professional district, it is surrounded by a mix of businesses including Affleck and Moffatt, Cooper and Leatherbarrow, Carver Group, and Watson Woodhouse.
It is also within walking distance of town centre amenities, with swift access to the inner ring road and further afield via the A66 and A1(M).
Another building available alongside the JW Wood office is the former Close Thornton Offices, which are currently vacant and cover a net internal area of 6,201 sq.ft.
This includes space on the lower ground, ground, first, and second floors, as well as an attic space.
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