Commercial Property in Driffield available for sale
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Commercial Property for Sale near the Driffield, UK

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Explore the Latest Driffield Commercial Property for Sale

Office Buildings Commercial Land
More details for Thorpe House – Office for Sale, Driffield

Thorpe House

  • Office for Sale
  • £550,000
  • 8,707 sq ft
  • 2 Office Properties

Driffield Portfolio of properties for Sale

The premises comprise of 2 No. two storey office buildings, both of traditional brick construction under a pitched tiled roof. The right hand building is rectangular in shape providing a range of general and private office accommodation, a large part of which have been converted for laboratory use. A number of wall mounted air conditioning units have been installed throughout the building. The left hand building is ‘L’ shaped and is again divided internally to provide a range of general and private accommodation and was previously used solely for offices. Externally, the site extends to 1.17 acres and is mainly surfaced with a gravel finish. There are also four garages on site which are detached from the main office buildings.

Contact:

PPH Commercial

Date on Market:

27/11/2023
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Commercial Properties for Sale Within 5 miles of the Driffield, UK

More details for 5 Riverhead, Great Driffield - Retail for Sale

Blue Bell Restaurant - 5 Riverhead

Great Driffield, YO25 6NX

  • Retail for Sale
  • £250,000
  • 4,074 sq ft

Great Driffield Retail for Sale - Driffield

The property is available For Sale on the following terms and conditions. £325,000 plus VAT. The premises are closed and no trading information is available. A prominent two storey brick built property under a pitched tiled roof. The premises have recently been subject to an extensive refurbishment and comprise of a bar/pub to the front of the property with living accommodation above. To the rear of the premises is a fully fitted restaurant and kitchen. Externally is a courtyard beer garden with on street car parking immediately outside of the premises.

Contact:

PPH Commercial

Property Subtype:

Restaurant

Date on Market:

17/09/2024
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LoopNet UK North Humberside Commercial Properties For Sale in Driffield, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Driffield

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How many Commercial Property listings are available for sale in Driffield?
There are currently 3 Commercial Properties available for sale near Driffield. These Driffield Commercial Property listings have an average size of 8,707 sq ft. The largest available listing in Driffield is 8,707 sq ft. The thriving commercial centre and excellent transport links in Driffield make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Driffield?
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 Driffield currently range from £47 to £47 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Driffield?
There is a diverse range of commercial properties available in Driffield to suit various business needs. Driffield offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 3 Driffield 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 Driffield, UK

Market Overview for Commercial Properties in Driffield

Key information for Commercial Properties investors in Driffield 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
Driffield £47 8,707 sq ft
Great Driffield £46 4,074 sq ft
Bridlington £110 2,790 sq ft
£134 3,086 sq ft
Beverley £139 3,555 sq ft

Rental Price Trends in Driffield

The price per square foot range for Commercial Properties in Driffield 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
Driffield £47 £47 £47
Great Driffield £46 £46 £46
Bridlington £36 £110 £417
£36 £134 £417
Beverley £73 £139 £187

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Driffield 8,707 sq ft 8,707 sq ft 8,707 sq ft
Great Driffield 4,074 sq ft 4,074 sq ft 4,074 sq ft
Bridlington 250 sq ft 2,790 sq ft 9,661 sq ft
250 sq ft 3,086 sq ft 9,661 sq ft
Beverley 1,394 sq ft 3,555 sq ft 6,399 sq ft

You searched for commercial property for sale in Driffield. 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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