Commercial Property in Haltwhistle available for sale
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Commercial Properties for Sale in Haltwhistle

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

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More details for Westgate, Haltwhistle - Retail for Sale

Westgate

Haltwhistle, NE49 9AF

  • Retail for Sale
  • £300,000
  • 2,279 sq ft
  • Energy Performance: C
  • Energy Performance: D

Haltwhistle Retail for Sale

Investment Consideration: Gross Initial Yield: 11.80% Rental Income: £35,400 p.a. VAT is NOT applicable to this property Comprises two ground floor shops and large 4-bed residential flat at first floor with 1 parking space Residential flat has been newly refurbished in 2024 to a high standard and includes large private terrace Nearby occupiers include Boots, Co-op Supermarket, Haltwhistle Library and a public car park. Property Description: An end-of-terrace property comprising 2 retail shop at ground floor and large 4-bedroom flat at first floor, accessed from the rear and providing the following accommodation and dimensions: Ground Floor Shop No.1: 55 sq m (592 sq ft) Open plan retail, storage, office, wc Ground Floor Shop No.1A: 52 sq m (560 sq ft) Open plan retail, storage, office, wc First Floor Flat: 104.77 sq m (1,127 sq ft) 4 Bedrooms, kitchen/living room, bathroom, terrace Total GIA: 211.77 sq m (2,279 sq ft) Tenancy: Shop No.1 is at present let to Haltwhistle Partnership Ltd t/a Charity for a term of 3 years from 1st April 2024 at a current rent of £6,600 p.a. and the lease contains full repairing and insuring covenants. Tenant has option to determine on 1st April 2024 and thereafter with rolling 1 month notice. Shop No.1A is at present let to an Individual t/a hair and beauty salon for a term of 10 years from 28th February 2019 at a current rent of £4,800 p.a. and the lease contains full repairing and insuring covenants. Tenant has option to determine on 1st March 2025. Room 1 is at present let on AST to an Individual for a term of 12 Months from 30th January 2025 at a current rent of £5,400 p.a. Deposit held of £450. Room 2 is at present let on AST to an Individual for a term of 12 Months from 5th January 2025 at a current rent of £6,000 p.a. Deposit held of £500. Room 3 is at present let on AST to an Individual for a term of 12 Months from 19th December 2024 at a current rent of £6,000 p.a. Deposit held of £500. Room 4 is at present let on AST to an Individual for a term of 12 Months from 6th January 2025 at a current rent of £6,600 p.a. Deposit held of £550. Location: Haltwhistle is an attractive town situated on the A69 trunk road between Carlisle (21 miles) and Newcastle-upon-Tyne (36 miles). The town benefits from a railway station and is on the Carlisle to Newcastle line. The town is popular with tourists principally due to the close proximity to Hadrian’s Wall and the Pennine Way, which runs through the town. The property is situated in a prominent corner position on Westgate, which is the town’s main shopping street, at its junction with Aesica Road. Occupiers close by include Boots, Save the Children, Co-op Supermarket and the library with adjacent public car park.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

17/02/2025
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More details for Woodhead Ln, Haltwhistle - Specialist for Sale

Former Haltwhistle First School - Woodhead Ln

Haltwhistle, NE49 9DP

  • Specialist for Sale
  • Price Upon Request
  • 13,749 sq ft

Haltwhistle Specialist for Sale

Conversion/development opportunity - Former school for sale with potential for conversion to other uses or for redevelopment to residential use. Offers invited for our clients freehold interest in the property. The purchaser will be required to pay 1% of the purchase price by way of a contribution towards the sellers reasonable legal & surveyors fees on completion.

Contact:

YoungsRPS

Property Subtype:

School

Date on Market:

23/10/2024
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LoopNet UK Northumberland Commercial Properties For Sale in Haltwhistle, UK

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FAQs About Commercial Property For Sale in Haltwhistle

See All Properties For Sale
How many commercial properties are currently available for sale in Haltwhistle?
There are currently 2 commercial properties available for sale. Sizes range from 2,279 sq ft to 13,749 sq ft, with an average size of 8,014 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Haltwhistle?
The average asking price is approximately £98 per sq ft, with prices ranging from £98 to £98 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.

Discover More Commercial Properties for Sale in the Haltwhistle

Market Overview for Commercial Properties in Haltwhistle

Key information for Commercial Properties investors in Haltwhistle 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
Haltwhistle £98 8,014 sq ft
Hexham £158 1,692 sq ft
Brampton £167 954 sq ft
Carlisle £44 38,152 sq ft
Prudhoe £20 3,219 sq ft

Rental Price Trends in Haltwhistle

The price per square foot range for Commercial Properties in Haltwhistle 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
Haltwhistle £98 £98 £98
Hexham £71 £158 £382
Brampton £154 £167 £179
Carlisle £19 £44 £79
Prudhoe £20 £20 £20

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Haltwhistle 2,279 sq ft 8,014 sq ft 13,749 sq ft
Hexham 388 sq ft 1,692 sq ft 3,086 sq ft
Brampton 702 sq ft 954 sq ft 1,206 sq ft
Carlisle 3,500 sq ft 38,152 sq ft 211,158 sq ft
Prudhoe 3,219 sq ft 3,219 sq ft 3,219 sq ft

You searched for commercial property for sale in Haltwhistle. 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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