Sterling House Darlington Syndicate
About this property
Sterling House is a terrace of three two storey office units of cavity brick construction, standing on a small office development on St Cuthbert's Way, the inner ring road on the edge of Darlington town centre, in an area of mixed commercial uses. Two of the units interconnect and have been used as one; the third is self contained. The accommodation is a mix of open plan and individual offices with kitchens and WCs, with aluminium framed double glazing and air conditioning to part. The units extend to about 4,958 sq ft in total and share a good sized car park to the rear and side with designated spaces. The town centre and Darlington railway station, on the East Coast main line, are both within walking distance.
The property is held on a long lease of 124 years expiring on 25 November 2114. Both lettings ended at the end of March 2026 and the accommodation is currently vacant, with refurbishment works in progress and the space being marketed.
This syndicate is closed to new investment.
At a glance
- Type
- Office
- Address
- Sterling House, 22 Cuthbert’s Way, Darlington, DL1 1GB
- Initial yield
- 6.5%
- Syndicated
Initial yield is the net initial yield at the date that building was syndicated. It is a historic figure for that date and is not an indication of the income or the return available now or in future. Past performance is not a reliable indicator of future results.
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