Commercial Property in Bishop Auckland available for sale
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Commercial Properties for Sale in the Bishop Auckland, UK

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Explore the Latest Bishop Auckland Commercial Property for Sale

Office Buildings Retail Bars & Restaurants Industrial
More details for 221A Newgate St, Bishop Auckland - Retail for Sale

221A Newgate St

Bishop Auckland, DL14 7EL

  • Retail for Sale
  • £100,000
  • 1,072 sq ft

Bishop Auckland Retail for Sale

A unique opportunity to purchase this investment opportunity located on Newgate Street in Bishop Auckland. A prominent location within Bishop Auckland's busy town centre which has a variety of popular businesses, banks, bars/restaurants, local stores, cafes/food outlets, butchers, bakeries, retail shops as well as salons/barbers. The property comprises; a retail unit achieving £650pcm, spread over two floors, with the shop floor, kitchen, WC and stairs leading down to the basement level containing several storage rooms and garage doors that open out to the rear.

Contact:

Hunters Estate Agents

Property Subtype:

Shopfront Retail / Residential

Date on Market:

03/07/2025
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More details for 80 Newgate St, Bishop Auckland - Retail for Sale

80 Newgate St

Bishop Auckland, DL14 7EQ

  • Retail for Sale
  • £500,000
  • 56,988 sq ft

Bishop Auckland Retail for Sale

Development opportunity with planning permission for hotel or residential scheme. The grade two listed former Beales department store occupies a prominent position on Newgate Street and is spread over three floors offering approximately 55,000 sq ft. of accommodation. The site boundary extends to approximately 0.63 acres (0.25 ha). Durham County Council granted outline planning permission for the site in December 2019. The Outline consent incorporates the following separate applications: DM/19/02223/FPA: Change of use of former department store to 3 no. ground floor units with flexible A1/A3 use and 62 no. bedroom hotel, associated internal and external alterations and partial demolition. DM/19/02221/FPA: Change of use of former department store to 3 no. ground floor units with flexible A1/A3 use and 27 apartments, associated internal and external alterations and partial demolition.

Contact:

Naylors Gavin Black

Property Subtype:

Department Store

Date on Market:

20/05/2021
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LoopNet UK Co Durham Commercial Properties For Sale in Bishop Auckland, UK

Learn More About Investing in Commercial Properties

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How Do You Value a Commercial Building?
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What is Rental Yield in Commercial Property Investing?
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Internal Rate of Return (IRR) Explained
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FAQs about Commercial Properties For Sale in Bishop Auckland

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How many Commercial Property listings are available for sale in Bishop Auckland?
There are currently 6 Commercial Properties available for sale near Bishop Auckland. These Bishop Auckland Commercial Property listings have an average size of 12,200 sq ft. The largest available listing in Bishop Auckland is 56,988 sq ft. The thriving commercial centre and excellent transport links in Bishop Auckland make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Bishop Auckland?
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 Bishop Auckland currently range from £7 to £111 per square foot. While the average net initial yield for Commercial Properties is 11.97%.
What other types of commercial property are available for sale in Bishop Auckland?
There is a diverse range of commercial properties available in Bishop Auckland to suit various business needs. Bishop Auckland offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 6 Bishop Auckland 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 Bishop Auckland, UK

Market Overview for Commercial Properties in Bishop Auckland

Key information for Commercial Properties investors in Bishop Auckland 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
Bishop Auckland £59 12,200 sq ft
Evenwood £158 311 sq ft
Escomb £45 8,000 sq ft
Shildon £174 744 sq ft
Coundon £10 5,403 sq ft

Rental Price Trends in Bishop Auckland

The price per square foot range for Commercial Properties in Bishop Auckland 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
Bishop Auckland £7 £59 £111
Evenwood £158 £158 £158
Escomb £45 £45 £45
Shildon £100 £174 £237
Coundon £10 £10 £10

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Bishop Auckland 811 sq ft 12,200 sq ft 56,988 sq ft
Evenwood 311 sq ft 311 sq ft 311 sq ft
Escomb 8,000 sq ft 8,000 sq ft 8,000 sq ft
Shildon 547 sq ft 744 sq ft 839 sq ft
Coundon 5,403 sq ft 5,403 sq ft 5,403 sq ft

You searched for commercial property for sale in Bishop Auckland. Explore 6 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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