Commercial Property in NE46 available for sale
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Commercial Properties for Sale near the NE46, Hexham

Explore the Latest NE46 Commercial Property for Sale

Commercial Properties for Sale Within 10 miles of the NE46, Hexham

More details for Ovington, Prudhoe, Northd, Prudhoe - Retail for Sale

Ovington, Prudhoe, Northd

Prudhoe, NE42 6DH

  • Retail for Sale
  • £350,000
  • 1,030 sq ft
  • Security System
  • 24 Hour Access
  • Restaurant

Prudhoe Retail for Sale - Ovington, Northumberland

Pattinson are pleased to welcome to the market this restaurant and 1 bedroom apartment, located in Ovington, Northumberland. The restaurant has been refurbished to a high standard, but retains a lot of original features. The restaurant comprises an entrance vestibule, bar seating area, bar, dining room, mezzanine level currently being used to showcase antiques, a cellar and a commercial kitchen. To the rear of the property, is a secure yard, with a shed containing additional fridges. To the front, there is an outdoor seating area, with retractable awning. There is off-road parking available to the rear of the restaurant, and access to on-street parking in the streets surrounding the restaurant. The apartment can be accessed via a private entrance on the side of the building. This opens to an entrance hall and stairwell to the first floor. At the top of the stairwell, there is a utility cupboard, which currently houses the washing machine and dryer. When you enter the property, you have doors to the bathroom and the double bedroom, a spiral staircase to the second floor, and access to the open plan living room, kitchen/diner. From the kitchen/diner, you have access to a sun terrace through a secure French door. The second floor offers a storage space currently, but there is potential to extend the room, subject to relevant planning permission being sought. The freehold is being sold alongside the property.

Contact:

Pattinson Commercial

Date on Market:

19/11/2025

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More details for Market Pl, Hexham - Retail for Sale

Allendale Post Office & Village Store - Market Pl

Hexham, NE47 9AZ

  • Retail for Sale
  • £340,000
  • 1,047 sq ft
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FAQs about Commercial Properties For Sale in NE46

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How many Commercial Property listings are available for sale in NE46?
There are currently 2 Commercial Properties available for sale near NE46. These NE46 Commercial Property listings have an average size of. The largest available listing in NE46 is. The thriving commercial centre and excellent transport links in NE46 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in NE46?
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 NE46 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 NE46?
There is a diverse range of commercial properties available in NE46 to suit various business needs. NE46 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 NE46 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 NE46, Hexham

You searched for commercial property for sale in NE46. 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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