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61 Fore Bondgate 968 sq ft 100% Let Retail Property Bishop Auckland DL14 7PE £80,000 (£82.64/sq ft)



Investment Highlights
- Two adjacent semi-commercial properties
- Strong footfall from surrounding occupiers (banks, cafes, bars, salons)
- Upper floors with redevelopment potential
- Prime high street frontage on Fore Bondgate
- Excellent transport connectivity (A689, rail station, bus routes)
- Opportunity to create self-contained residential flats (STP)
Executive Summary
This offering comprises two adjacent semi-commercial properties positioned prominently on Fore Bondgate in Bishop Auckland, a well-trafficked high street location. The properties benefit from strong visibility and accessibility, with proximity to key transport links including the A689, the railway station, and a major bus route leading to the recently redeveloped bus station. The ground floors are currently configured as retail/commercial units with ancillary kitchen and cloakroom facilities, while the upper floors present a clear value-add opportunity. These upper levels require refurbishment but offer significant potential for conversion into self-contained residential units (subject to obtaining the necessary planning consents), making this an attractive opportunity for investors and developers seeking mixed-use repositioning.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
968 sq ft
Costar Property Class
C
Year Built
1899
Price
£80,000
Price per sq ft
£82.64
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.56
Total Plot Size
0.04 ac
Frontage
32 ft on Fore Bondgate
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Nearby Major Retailers
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61 Fore Bondgate
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