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

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

More details for 36A Fore St, Hexham - Retail for Sale

36A Fore St

Hexham, NE46 1LZ

  • Retail for Sale
  • £415,000
  • 3,086 sq ft

Hexham Retail for Sale

SUMMARY The freehold property comprises two adjoining commercial units located on Fore Street, Hexham's pedestrianised prime retail pitch. The majority of the property is let to Nero Holdings Limited (trading as Caffè Nero), a premier UK coffee brand with a "Very Low Risk" Creditsafe rating of 100, a turnover of £366m, and shareholders' funds of £390.8m. Caffè Nero occupies number 36 on a new 5-year Full Repairing and Insuring lease from 19 May 2026 at a re-based rent of £27,250 per annum, subject to a tenant-only break option at year three. The second unit (number 36A) is let to an independent phone repair and accessories shop producing £6,000 per annum on a lease expiring 31 July 2029. Together, they provide a secure, low-management combined passing rent of £33,250 per annum. INVESTMENT SUMMARY Freehold investment opportunity on Fore Street, Hexham’s pedestrianised prime retail pitch. Hexham is one of Northumberland’s most prosperous market towns, drawing both a loyal local catchment and a significant visitor economy. Majority let to Nero Holdings Limited (Caffè Nero) on a new five-year full repairing and insuring lease from 19 May 2026 at a re-based rent of £27,250 per annum, with a tenant-only break option at year three. Nero Holdings Limited carries a Creditsafe risk score of 100 (Very Low Risk) with turnover of £366m and shareholders’ funds of £390.8m (year ending May 2025). Second unit let as an independent phone repair and accessories shop producing £6,000 per annum on a lease expiring 31 July 2029. Combined passing rent of £33,250 per annum. The town centre is currently benefitting from significant public and private sector investment, supporting footfall and the long-term retail environment. Well-established national retail pitch with occupiers including WH Smith, Boots, Specsavers, Waterstones, Superdrug, Mountain Warehouse, Greggs and Costa Coffee in close proximity.

Contact:

Delta Capital Property Investment

Property Subtype:

Shopfront

Date on Market:

03/06/2026
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More details for 14 St. Lukes Rd, Hexham - Retail for Sale

14 St. Lukes Rd

Hexham, NE46 2BB

  • Retail for Sale
  • £180,000
  • 1,625 sq ft

Hexham Retail for Sale

This is a rare opportunity to acquire a fully renovated freehold mixed-use investment in the sought-after market town of Hexham. The property comprises a ground-floor commercial unit, trading successfully as a serviced laundry and dry-cleaning business for approximately 15 years, alongside a spacious three-bedroom maisonette arranged over two floors above. The commercial element is income-producing, while the residential accommodation is offered with vacant possession, allowing for owner-occupation or additional rental income. The building has benefitted from significant recent capital expenditure, including a new roof, windows, and boiler, reducing near-term maintenance risk. With a potential combined income of approximately £20,000 per annum, allocated parking, garage, and attractive countryside views, the asset offers a compelling high-yield mixed-use investment with future growth potentia

Contact:

Pattinson Commercial

Property Subtype:

Shopfront Retail / Residential

Date on Market:

11/05/2026
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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

Hexham Land for Sale

We are instructed to invite offers for the property. Bids are requested by noon Wednesday 8th November 2023. Offers are to be submitted directly to david.craig@savills.com and emma.young@savills.com. Bids should also include: • Proof of funds; • Written confirmation of source of funding; • Two forms of identification of the purchasing entity; and • Timescales for exchange and completion. Please note that the seller is not obliged to accept the highest or any offer. All offers received are subject to contract. The seller is not obliged at any point to exchange contracts The site is to be sold subject to the existing rights to which the property benefits from and is subject to. Full title information is available on request.

Contact:

Savills

Property Subtype:

Commercial

Date on Market:

09/10/2023
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LoopNet UK Northumberland Hexham Commercial Properties For Sale in Allendale Town, Hexham, UK

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FAQs About Commercial Property For Sale in Allendale Town

See All Properties For Sale
How many commercial properties are currently available for sale in Allendale Town?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Allendale Town?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

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 £81 1,911 sq ft
Haltwhistle £100 8,014 sq ft
Consett £105 2,611 sq ft
Barnard Castle £52 10,586 sq ft
Rowlands Gill £48 3,649 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 £66 £81 £102
Haltwhistle £100 £100 £100
Consett £48 £105 £121
Barnard Castle £36 £52 £68
Rowlands Gill £34 £48 £62

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 1,264 sq ft 1,911 sq ft 3,086 sq ft
Haltwhistle 2,279 sq ft 8,014 sq ft 13,749 sq ft
Consett 1,093 sq ft 2,611 sq ft 11,041 sq ft
Barnard Castle 5,548 sq ft 10,586 sq ft 15,624 sq ft
Rowlands Gill 3,319 sq ft 3,649 sq ft 3,979 sq ft

You searched for commercial property for sale in Allendale Town. Explore 0 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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