Commercial Property in DL14 available for sale
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Commercial Properties for Sale in the DL14, Bishop Auckland

Explore the Latest DL14 Commercial Property for Sale

More details for 1 Saxon Green, Escomb - Retail for Sale

The Saxon Inn - 1 Saxon Green

Escomb, DL14 7SY

  • Retail for Sale
  • £475,000
  • 8,000 sq ft
  • Air Conditioning
  • Security System
  • 24 Hour Access

Escomb Retail for Sale

Blacks Business Brokers are proud to bring to the market this freehold pub and restaurant located in the much sought after area of Escomb, Bishop Auckland. In addition to the pub, there is now a 3 Bedroom Adjacent Property included in the sale. INTRODUCTION The Saxon Inn has been in operation for over 400 years here on Saxon Green and over that time it has firmly established itself within the local community. Our client has been in ownership here since 2000 and has enjoyed this exceptionally popular pub, with loyal customer base and great reputation. LOCATION Escomb is a village on the River Wear close to Bishop Auckland. The area is well populated and very much sought after. This business is situated in the heart of the village, within an affluent residential area. REASON FOR SALE The business is only being offered for sale due to retirement, opening up an exciting opportunity for a new owner to enjoy this busy and popular pub. LEASE This is a freehold sale. No lease details applicable. BUILDING LAYOUT AND DESIGN The business is housed within a beautiful, centuries old property, with manicured and pretty surroundings. This elevated corner location gives the building a real feel of grandeur before even seeing inside. The position within a historic village means that the business benefits from both local trade and tourism. To the rear of the building is a large, private car park for patron use. Inside, the pub area is cosy and welcoming with a traditional feel and bar. The restaurant area is more modern, with spotlights, colour themed décor and matching accessories – the business offers seating for 72, 40 of which are in the restaurant and 32 in the lounge diner. The building also benefits from a beer cellar and garage. All areas are well presented. The property expanded the building in November 2018 adding in a bed and breakfast, with 9 brand new double en suite bedrooms. STAFF The business currently has eleven members of staff in place on PAYE contracts. FINANCIAL DETAILS Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. Annual Accounts Available 31 March 2022, Annual Turnover £392,933 Annual Gross Profit £266,150. Additional Refurbishment in 2020, resulting in increasing turnover with B&B (9 Double En-Suite Bedrooms). In addition to this, there has previously been investment of over £300,000 in 2018. Most customers are from the local area as one would expect, with additional passing trade from visitors and tourists to the area. SUMMARY This freehold business offers a solid income stream, with much scope to develop the business further through some changes to this impressive and sizeable building. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Contact:

Blacks Business Brokers

Property Subtype:

Restaurant

Date on Market:

21/12/2022

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More details for 92 Collingwood St, Coundon - Light Industrial for Sale

92 Collingwood St

Coundon, DL14 8LH

  • Light Industrial for Sale
  • £70,000
  • 5,403 sq ft
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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
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More details for 14 Swan St, Evenwood - Retail for Sale

14 Swan St

Evenwood, DL14 9RN

  • Retail for Sale
  • £65,000
  • 311 sq ft
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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
See More
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FAQs about Commercial Properties For Sale in DL14

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How many Commercial Property listings are available for sale in DL14?
There are currently 9 Commercial Properties available for sale near DL14. These DL14 Commercial Property listings have an average size of. The largest available listing in DL14 is. The thriving commercial centre and excellent transport links in DL14 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in DL14?
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 DL14 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in DL14?
There is a diverse range of commercial properties available in DL14 to suit various business needs. DL14 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 9 DL14 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 DL14, Bishop Auckland

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