Commercial Property in Allendale Town available for sale
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Commercial Property for Sale near Allendale Town, Hexham

Explore the Latest Allendale Town Commercial Property for Sale

Commercial Properties for Sale Within 10 miles of the Allendale Town, Hexham

More details for 9 Battle Hl, Hexham - Retail for Sale

9 Battle Hl

Hexham, NE46 1BA

  • Retail for Sale
  • £160,000
  • 1,168 sq ft
  • 1 Unit Available
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More details for Westgate, Haltwhistle - Retail for Sale

Westgate

Haltwhistle, NE49 9AF

  • Retail for Sale
  • £300,000
  • 2,279 sq ft
  • Energy Performance: C
  • Energy Performance: D

Haltwhistle Retail for Sale

Investment Consideration: Gross Initial Yield: 11.80% Rental Income: £35,400 p.a. VAT is NOT applicable to this property Comprises two ground floor shops and large 4-bed residential flat at first floor with 1 parking space Residential flat has been newly refurbished in 2024 to a high standard and includes large private terrace Nearby occupiers include Boots, Co-op Supermarket, Haltwhistle Library and a public car park. Property Description: An end-of-terrace property comprising 2 retail shop at ground floor and large 4-bedroom flat at first floor, accessed from the rear and providing the following accommodation and dimensions: Ground Floor Shop No.1: 55 sq m (592 sq ft) Open plan retail, storage, office, wc Ground Floor Shop No.1A: 52 sq m (560 sq ft) Open plan retail, storage, office, wc First Floor Flat: 104.77 sq m (1,127 sq ft) 4 Bedrooms, kitchen/living room, bathroom, terrace Total GIA: 211.77 sq m (2,279 sq ft) Tenancy: Shop No.1 is at present let to Haltwhistle Partnership Ltd t/a Charity for a term of 3 years from 1st April 2024 at a current rent of £6,600 p.a. and the lease contains full repairing and insuring covenants. Tenant has option to determine on 1st April 2024 and thereafter with rolling 1 month notice. Shop No.1A is at present let to an Individual t/a hair and beauty salon for a term of 10 years from 28th February 2019 at a current rent of £4,800 p.a. and the lease contains full repairing and insuring covenants. Tenant has option to determine on 1st March 2025. Room 1 is at present let on AST to an Individual for a term of 12 Months from 30th January 2025 at a current rent of £5,400 p.a. Deposit held of £450. Room 2 is at present let on AST to an Individual for a term of 12 Months from 5th January 2025 at a current rent of £6,000 p.a. Deposit held of £500. Room 3 is at present let on AST to an Individual for a term of 12 Months from 19th December 2024 at a current rent of £6,000 p.a. Deposit held of £500. Room 4 is at present let on AST to an Individual for a term of 12 Months from 6th January 2025 at a current rent of £6,600 p.a. Deposit held of £550. Location: Haltwhistle is an attractive town situated on the A69 trunk road between Carlisle (21 miles) and Newcastle-upon-Tyne (36 miles). The town benefits from a railway station and is on the Carlisle to Newcastle line. The town is popular with tourists principally due to the close proximity to Hadrian’s Wall and the Pennine Way, which runs through the town. The property is situated in a prominent corner position on Westgate, which is the town’s main shopping street, at its junction with Aesica Road. Occupiers close by include Boots, Save the Children, Co-op Supermarket and the library with adjacent public car park.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

17/02/2025

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More details for Priestpopple, Hexham - Land for Sale

Former Hexham Bus Station - Priestpopple

Hexham, NE46 1PF

  • Land for Sale
  • £1,250,000
  • 0.82 ac Plot
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More details for Alemouth Rd, Hexham - Industrial for Sale

Alemouth Rd

Hexham, NE46 3PJ

  • Industrial for Sale
  • £350,000
  • 4,931 sq ft
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FAQs about Commercial Properties For Sale in Allendale Town

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How many Commercial Property listings are available for sale in Allendale Town?
There are currently 1 Commercial Properties available for sale near Allendale Town. These Allendale Town Commercial Property listings have an average size of 1,047 sq ft. The largest available listing in Allendale Town is 1,047 sq ft. The thriving commercial centre and excellent transport links in Allendale Town make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Allendale Town?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Allendale Town currently range from £237 to £237 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Allendale Town?
There is a diverse range of commercial properties available in Allendale Town to suit various business needs. Allendale Town offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Allendale Town commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Allendale Town, Hexham

Market Overview for Commercial Properties in Allendale Town

Key information for Commercial Properties investors in Allendale Town and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Hexham £124 6,294 sq ft
Haltwhistle £96 8,014 sq ft
Consett £70 4,926 sq ft
Prudhoe £248 1,030 sq ft
Barnard Castle £40 15,624 sq ft

Rental Price Trends in Allendale Town

The price per square foot range for Commercial Properties in Allendale Town and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Hexham £52 £124 £237
Haltwhistle £96 £96 £96
Consett £46 £70 £94
Prudhoe £248 £248 £248
Barnard Castle £40 £40 £40

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Allendale Town area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Hexham 1,047 sq ft 6,294 sq ft 22,284 sq ft
Haltwhistle 2,279 sq ft 8,014 sq ft 13,749 sq ft
Consett 1,093 sq ft 4,926 sq ft 11,041 sq ft
Prudhoe 1,030 sq ft 1,030 sq ft 1,030 sq ft
Barnard Castle 15,624 sq ft 15,624 sq ft 15,624 sq ft

You searched for commercial property for sale in Allendale Town. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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