Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the agents for more information about this property

Investment Highlights

  • Prime corner retail & student freehold
  • Grade II listed in Durham’s retail core
  • £77,782 p.a. net income; pre-lets secured

Executive Summary

12 Silver Street comprises a prime mixed-use freehold investment in the heart of Durham’s pedestrianised retail core, positioned on one of the city’s busiest shopping streets between Market Place and Framwelgate Bridge. The property is Grade II listed and provides 1,952 sq ft across four floors, configured as a corner retail unit at ground level with a recently refurbished five-bedroom student flat above. The retail element is let to T4 on a lease to December 2032 at £30,000 per annum, while the upper floors are fully let to Durham University students on an AST producing £53,820 per annum for the 2025/26 academic year, with pre-lets already secured for 2026/27 and 2027/28. The investment generates a total net income of £77,782 per annum and benefits from Durham’s strong student demand, highly constrained city-centre supply and increasing visitor economy. Offering secure income from both retail and residential uses in a tightly held historic location, the asset provides a compelling opportunity in one of the UK’s most resilient university-driven markets.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,516 sq ft
Costar Property Class
B
Year Built
1950
Price
£874,999
Price per sq ft
£347.77
Yield
8.42%
NOI
£73,675
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Plot ratio
0.96
Total Plot Size
0.06 ac
Frontage
21 ft on Silver Street

Amenities

  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Caffè Nero
Whittard of Chelsea
Costa Coffee
HSBC
The Co-operative Bank
Lloyds Bank
Zizzi
Kokoro
Tortilla
Cosy Club
  • Listing ID: 39967726

  • Date on Market: 31/03/2026

  • Last Updated:

  • Address: 12 Silver St, Durham DH1 3RB

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}