Commercial Property in Great Driffield available for sale
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Commercial Properties for Sale near Great Driffield, UK

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Commercial Properties for Sale Within 5 miles of the Great Driffield, UK

More details for Middle St N, Driffield - Retail for Sale

Red Lion - Middle St N

Driffield, YO25 6SS

  • Retail for Sale
  • £370,000
  • 5,728 sq ft

Driffield Retail for Sale

A superb opportunity to acquire this former pub on plot of 0.29 acres (approx) in the centre of Driffield which benefits from planning permission to convert it to 4 town houses with permission for 2 further semi-detached houses in the rear grounds. The desirable location next to the church and close to the centre of this thriving town means it is sure to attract considerable interest. The Red Lion is a three-story building and the planning permission granted allows for its redevelopment into 4 town houses with rear extensions to each from the current structure. They would consist of 3 three-bedroom properties (one with a games room) and 1 four bedrooms. Each would have a rear garden of various sizes and 2 parking spaces within the grounds at the rear that can be accessed via Church Lane. Further information can be seen via the Public Access area of the East Yorkshire Council Planning Portal with the application No/23/00022/PLF. Currently, there is a 3 bed living accommodation currently existing on the top floor which used to be the former pubs managers flat.

Contact:

Dee Atkinson & Harrison

Property Subtype:

Bar

Date on Market:

27/01/2026
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LoopNet UK South Humberside Commercial Properties For Sale in Great Driffield, UK

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FAQs about Commercial Properties For Sale in Great Driffield

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How many Commercial Property listings are available for sale in Great Driffield?
There are currently 0 Commercial Properties available for sale near Great Driffield. These Great Driffield Commercial Property listings have an average size of. The largest available listing in Great Driffield is. The thriving commercial centre and excellent transport links in Great 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 Great 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 Great Driffield 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 Great Driffield?
There is a diverse range of commercial properties available in Great Driffield to suit various business needs. Great Driffield offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Great 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 Great Driffield, UK

Market Overview for Commercial Properties in Great Driffield

Key information for Commercial Properties investors in Great 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 £48 5,728 sq ft
Bridlington £132 42,047 sq ft
Weaverthorpe £66 4,800 sq ft
Beverley £145 1,311 sq ft
Snainton £225 2,437 sq ft

Rental Price Trends in Great Driffield

The price per square foot range for Commercial Properties in Great 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 £48 £48 £48
Bridlington £38 £132 £415
Weaverthorpe £66 £66 £66
Beverley £101 £145 £182
Snainton £225 £225 £225

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Driffield 5,728 sq ft 5,728 sq ft 5,728 sq ft
Bridlington 250 sq ft 42,047 sq ft 81,574 sq ft
Weaverthorpe 4,800 sq ft 4,800 sq ft 4,800 sq ft
Beverley 1,145 sq ft 1,311 sq ft 1,394 sq ft
Snainton 2,437 sq ft 2,437 sq ft 2,437 sq ft

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