Commercial Property in Catterick Garrison available for sale
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Commercial Property for Sale near Catterick Garrison

Find commerical property for sale in Catterick Garrison that meets your business or investment goals

More details for Heatherdene Rd, Catterick Garrison - Land for Sale

Land North of Heatherdene - Heatherdene Rd

Catterick Garrison, DL9 4SZ

  • Land for Sale
  • Price Upon Request
  • 6.47 ac Plot

Catterick Garrison Land for Sale - Richmondshire

Secure a piece of development land in the Richmond, North Yorkshire market, as the local area continues to ramp up development to match the rising demand driven by the military sector. This property spans approximately 6.47 acres (2.62 hectares) and is surrounded by the residential Annington estate, a major housing development for military families. The irregularly shaped tract boasts comprehensive frontage on the north side of Heatherdene Road to maximise resident exposure, making this ideal for amenity projects. Heatherdene Road runs directly to Catterick Road (A6136), placing this site right off the Catterick Garrison area’s primary east-west thoroughfare. It is less than 10 minutes to the centre of Richmond and the A1(M) for efficient communications. More locally, the tract is under a mile from Catterick Garrison town centre, where improvements, like the Princes Gate Shopping Park, are rapidly populating as the Catterick Garrison base is undergoing a market-shaping transformation. Catterick Garrison is already the largest British Army base in the world, and plans were announced in 2016 for a new phase to become a “super-garrison” upon completion in 2032. This phase will make the Garrison the third-largest settlement in North Yorkshire. Every serviceman and woman has 2.1 dependents on average, and the spending power of all the salaries of those based at the Garrison with their dependents will amount to almost £500 million a year after the expansion.

Contact:

Richmond Management (Northern) Ltd

Property Subtype:

Commercial

Date on Market:

02/10/2025

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Commercial Properties for Sale Within 5 miles of the Catterick Garrison

FAQs About Commercial Property For Sale in Catterick Garrison

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How many commercial properties are currently available for sale in Catterick Garrison?
There are currently 1 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 Catterick Garrison?
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.

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Market Overview for Commercial Properties in Catterick Garrison

Key information for Commercial Properties investors in Catterick Garrison 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
Richmond, North Yorkshire £116 1,792 sq ft
Ripon £113 1,727 sq ft
Morley £104 5,242 sq ft
Darlington £130 134,527 sq ft

Rental Price Trends in Catterick Garrison

The price per square foot range for Commercial Properties in Catterick Garrison 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
Richmond, North Yorkshire £116 £116 £116
Ripon £113 £113 £113
Morley £104 £104 £104
Darlington £87 £130 £193

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Richmond, North Yorkshire 1,792 sq ft 1,792 sq ft 1,792 sq ft
Ripon 1,300 sq ft 1,727 sq ft 2,061 sq ft
Morley 5,242 sq ft 5,242 sq ft 5,242 sq ft
Darlington 431 sq ft 134,527 sq ft 650,000 sq ft
Haddington 850 sq ft 1,125 sq ft 1,400 sq ft

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