Commercial Property in Hinderwell available for sale
4

Commercial Properties for Sale near Hinderwell, Saltburn By The Sea

Commercial Properties for Sale Within 10 miles of the Hinderwell, Saltburn By The Sea

More details for 112-113 Church St, Whitby - Retail for Sale

112-113 Church St

Whitby, YO22 4DE

  • Retail for Sale
  • £700,000
  • 1,304 sq ft

Whitby Retail for Sale - Scarborough

The property is located in the town of Whitby, a popular coastal resort within the county of North Yorkshire and surrounded by the North Yorkshire Moors National Park. It is situated on Church Street, the main thoroughfare between 199 steps leading to Whitby Abbey and the Town Centre. Church Street is one of the main retailing thoroughfares in the town with occupiers predominantly being tourist based boutique retailers. Prime Retail Investment Opportunity The property comprises a Grade II Listed Georgian building arranged over four storeys constructed in the 18th century. It forms a ground floor retail unit, first floor café / restaurant and three bedroom holiday let to the second and third floors. The ground floor comprises split level retail unit, with a small workshop area and is currently operated as a jeweller. The unit is situated on a corner position with return frontage onto two sections of Church Street. The first floor comprises a restaurant providing approximately 30 covers, a kitchen, toilets and bar areas. This area is accessed via a staircase to the rear of the property. The residential element located on the second and third floors, is accessed from the rear via an external staircase, with a lobby and utility room. The first floor comprises one double bedroom, lounge, dining room, bathroom, shower room and kitchen. The third floor areas are accessed via two separate staircases, the front area comprises a large bedroom with two double beds and a single bed, with an attached shower room. The rear staircase leads to one double bedroom. The apartment is furnished to a modern standard and could accommodate up to c. 9 people. We understand this apartment is currently operated as a holiday let. Excellent location on one of Whitby’s principal retail thoroughfares Let to C W Sellors Group Limited New lease for a term of 10 years incorporating an upward only rent review in the 5th year of the term at a rental of £49,000 per annum, exclusive The lease will incorporate a tenant option to break in the 5th year of the term on giving 6 months prior notice Attractive self-contained residential upper parts Offers are invited at £700,000 CW Sellors Group Limited will enter into a new full repairing and insuring lease for a term of 10 years, incorporating an upward only rent review in the 5th year of the term at a rental of £49,000 per annum, exclusive. The lease will incorporate a tenant option to break in the 5th year of the term on giving 6 months prior notice.

Contact:

Savills

Property Subtype:

Shopfront Retail / Residential

Date on Market:

29/08/2025

Hide
See More
More details for 3 Low Cleveland Street, Loftus - Retail for Sale

Liverton Fisheries - 3 Low Cleveland Street

Loftus, TS13 4QU

  • Retail for Sale
  • £145,000
  • 1,884 sq ft
See More
More details for 3-5 Dundas St, Saltburn By The Sea - Retail for Sale

3-5 Dundas St

Saltburn By The Sea, TS12 1AH

  • Retail for Sale
  • £1,000,000
  • 3,000 sq ft
See More

FAQs about Commercial Properties For Sale in Hinderwell

See All Properties For Sale
How many Commercial Property listings are available for sale in Hinderwell?
There are currently 0 Commercial Properties available for sale near Hinderwell. These Hinderwell Commercial Property listings have an average size of. The largest available listing in Hinderwell is. The thriving commercial centre and excellent transport links in Hinderwell make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Hinderwell?
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 Hinderwell 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 Hinderwell?
There is a diverse range of commercial properties available in Hinderwell to suit various business needs. Hinderwell offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Hinderwell 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 Hinderwell, Saltburn By The Sea

Market Overview for Commercial Properties in Hinderwell

Key information for Commercial Properties investors in Hinderwell 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
Saltburn By The Sea £252 3,000 sq ft
Whitby £406 1,304 sq ft
Loftus £58 1,884 sq ft
Redcar £81 1,850 sq ft
Eston £37 12,240 sq ft

Rental Price Trends in Hinderwell

The price per square foot range for Commercial Properties in Hinderwell 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
Saltburn By The Sea £252 £252 £252
Whitby £406 £406 £406
Loftus £58 £58 £58
Redcar £37 £81 £125
Eston £37 £37 £37

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Saltburn By The Sea 3,000 sq ft 3,000 sq ft 3,000 sq ft
Whitby 1,304 sq ft 1,304 sq ft 1,304 sq ft
Loftus 1,884 sq ft 1,884 sq ft 1,884 sq ft
Redcar 542 sq ft 1,850 sq ft 2,854 sq ft
Eston 12,240 sq ft 12,240 sq ft 12,240 sq ft

You searched for commercial property for sale in Hinderwell. Explore 0 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.

LoopNet - the worlds No. 1 commercial property marketplace.