Commercial Property in DH3 available for sale
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Commercial Properties for Sale near DH3, Chester

Explore the Latest DH3 Commercial Property for Sale

More details for 101 Front St, Chester Le Street - Retail for Sale

101 Front St

Chester Le Street, DH3 3BL

  • Retail for Sale
  • £230,000
  • 2,458 sq ft
  • 24 Hour Access

Chester Le Street Retail for Sale - Durham

Investment Consideration: Vacant possession ERV: £25,000 p.a. GIY: 10.87% VAT is NOT applicable to this property Comprises former bank premises arranged over ground and first floor Total area size of 228 sq m (2,458 sq ft) Residential development potential, subject to obtaining the necessary consents. Located within short walk to Chester Le Street train station and Chester Le Street Library Nearby occupiers include Barclays, Post Office, Cardfactory, The Works, Heron Foods and more. Property Description: The property comprises retail premises arranged over ground and first floor, previously operated as a bank. Residential development potential, subject to obtaining the necessary consents. The property provides the following accommodation and dimensions: Ground Floor: Retail 83 sq m (894 sq ft) Ground Floor: Ancillary 45 sq m (488 sq ft) First Floor: Ancillary 100 sq m (1,076 sq ft) Total area size: 228 sq m (2,458 sq ft) Tenancy: The entire property is at present vacant. ERV: £25,000 per annum Location: Chester Le Street also known as Chester, is a market town and civil parish north of the River Wear, England. It is in the district, lieutenancy and historic palatine of Durham and is located 7 miles (11 km) south of Newcastle upon Tyne and 8 miles (13 km) west of Sunderland. The town holds markets Tuesdays, Fridays and Saturdays. The property is located within short walk to Chester Le Street train station and Chester Le Street Library. Nearby occupiers include Barclays, Post Office, Cardfactory, The Works, Heron Foods and more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bank

Date on Market:

30/10/2023

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More details for Egton Ter, Birtley - Office for Sale

Hexham Villa - Egton Ter

Birtley, DH3 1LX

  • Office for Sale
  • £550,000
  • 3,448 sq ft
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Commercial Properties for Sale Within 5 miles of the DH3, Chester

More details for 15 Faraday Clos, Washington - Industrial for Sale

15 Faraday Clos

Washington, NE38 8QA

  • Industrial for Sale
  • £310,000
  • 4,613 - 4,659 sq ft
  • 2 Units Available
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More details for 150 Gleneagles Rd, Sunderland - Retail for Sale

150 Gleneagles Rd

Sunderland, SR4 9QX

  • Retail for Sale
  • £625,000
  • 2,000 sq ft
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More details for 1-1A West Lea, New Herrington - Retail for Sale

1-1A West Lea

New Herrington, DH4 4LH

  • Retail for Sale
  • £85,000
  • 1,256 sq ft
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More details for Mercantile Rd, Houghton Le Spring - Industrial for Sale

Expert - Mercantile Rd

Houghton Le Spring, DH4 5PH

  • Industrial for Sale
  • £2,852,000
  • 28,813 sq ft
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FAQs about Commercial Properties For Sale in DH3

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How many Commercial Property listings are available for sale in DH3?
There are currently 2 Commercial Properties available for sale near DH3. These DH3 Commercial Property listings have an average size of. The largest available listing in DH3 is. The thriving commercial centre and excellent transport links in DH3 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in DH3?
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 DH3 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 DH3?
There is a diverse range of commercial properties available in DH3 to suit various business needs. DH3 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 DH3 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 DH3, Chester

You searched for commercial property for sale in DH3. Explore 2 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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