Crook Light Industrial for Sale
*For sale via secure sale online bidding: terms and conditions apply.*
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<br/>Property overview:
<br/>A rare chance to acquire a freehold 1.258-acre mixed-use site, combining established commercial buildings, residential accommodation, and—most notably—an exceptional 1.10-acre parcel of adjoining land offering outstanding development potential.
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<br/>The property is accessed via two secure 16ft metal gates, opening onto a generous forecourt that leads to the main buildings: a large double garage, a two-storey office block, and two residential flats. All buildings benefit from three-phase electricity.
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<br/>The site currently generates £1,440 per calendar month in rental income, with clear scope to increase returns through refurbishment or redevelopment.
<br/>The substantial land parcel positioned directly beside the main buildings provides a prime opportunity for commercial expansion, residential development, or a comprehensive mixed-use scheme (subject to planning).
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<br/>Location:
<br/>Positioned just north of Crook with excellent access to Durham, Bishop Auckland the A68, A167, and A1(M), this is a prime opportunity for developers, investors, or businesses seeking space to grow.
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<br/>Commercial Buildings:
<br/>The principal structure is a large double garage , formerly used as a coach garage, featuring multiple loading access doors and offers flexible internal space suitable for a range of commercial uses. While refurbishment is required, the building provides a solid base for operational businesses or future redevelopment.
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<br/>A two-storey office block with facilities, further enhance the site’s commercial appeal, offering adaptable space for administrative, operational, or specialist business needs.
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<br/>Residential Accommodation:
<br/>Two purpose-built residential flats sit adjacent to the commercial buildings:
<br/>Ground floor 1 bedroom flat: recently refurbished to a high standard; will be sold with vacant possession.
<br/>First-floor 2 bedroom flat: currently let under an assured shorthold tenancy.
<br/>Additionally a prefabricated unit on site is leased to a sole trader, providing an additional income stream.
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<br/>1.10 Acre plot:
<br/>The standout feature of this plot is the substantial 1.10-acre parcel of vacant brownfield site located directly alongside the existing buildings, it benefits from its own gated vehicle access. This expansive land offers a rare blank canvas for new industrial units, storage, workshops, housing, or a bespoke mixed-use scheme (STP).
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<br/>Investment & Development Potential:
<br/>With its combination of existing income, flexible commercial space, residential units, and — critically — a large, undeveloped brownfield area, this site is suited to:
<br/>*Developers seeking a project
<br/>*Businesses requiring space to expand
<br/>*Investors looking for a multi-stream income asset
<br/>*Those exploring mixed-use or phased redevelopment opportunities
<br/>*The site is not subject to any public rights of way, ensuring privacy and simplifying future planning considerations.
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<br/>The site is not subject to any public rights of way.
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<br/>Please enquire today to learn more about how this property can serve your business or investment ventures.<br/><br/>