Commercial Property in Leadgate available for sale
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Commercial Property for Sale near Leadgate, Consett

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

More details for Front St, Consett - Retail for Sale

The Old Co-op Building - Front St

Consett, DH8 7PJ

  • Retail for Sale
  • £700,000
  • 11,041 sq ft

Consett Retail for Sale - Leadgate

*Exceptional Freehold Commercial Investment – West Parade, Leadgate DH8*<br/><br/>A unique opportunity to acquire a substantial freehold commercial property, ideally positioned on the bustling West Parade in Leadgate. Prominently located on the main frontage, close to Consett, this impressive former co-op building stands as a hub of local activity, benefiting from strong footfall and excellent exposure.<br/><br/>Comprising nine individual commercial units across two floors, this investment offers diversity and stability. Eight of the units are currently let on FRI leases to well-established local businesses, including a dance studio, two gyms (one for general fitness and another a dedicated boxing gym), a deli, beauty salon, convenience store, barbershop, and beauty clinic. The ninth unit is in use as a storage facility on a short-term licence, providing additional rental flexibility. The new shop fronts present a modern and inviting aspect, ensuring excellent kerb appeal for both tenants and their clientele.<br/><br/>The property generates a combined annual rental income of £73,700, presenting an attractive yield of 10.52% at the asking price. Furthermore, scheduled rent reviews as per the lease terms offer future growth potential.<br/><br/>Surrounded by thriving residential neighbourhoods, the property spans a generous area of approximately 1,216.79 sqm, as shown on site outline plans—offering ample space for commercial operations and potential future redevelopment (subject to necessary planning permissions).<br/><br/>This is a rare opportunity to acquire a high-yielding, well-maintained investment with an established tenant base in a busy and rapidly growing part of County Durham.<br/><br/>Viewings are strictly by appointment only. To register interest and discuss this exceptional opportunity further, please contact the office today.

Contact:

Spire Property Group & Consultants

Date on Market:

27/11/2025

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Commercial Properties for Sale Within 5 miles of the Leadgate, Consett

More details for 2 Consett Business Park, Consett - Industrial for Sale

Villa Real - 2 Consett Business Park

Consett, DH8 6BN

  • Industrial for Sale
  • £200,000 - £280,000
  • 1,250 - 2,000 sq ft
  • 6 Units Available
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More details for 42 Middle St, Consett - Retail for Sale

42 Middle St

Consett, DH8 5QL

  • Retail for Sale
  • £130,000
  • 1,093 sq ft
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More details for Victoria Rd, Consett - Retail for Sale

1-3 Britannia Shops - Victoria Rd

Consett, DH8 5AY

  • Retail for Sale
  • Price Upon Request
  • 1,810 sq ft
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FAQs About Commercial Property For Sale in Leadgate

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How many commercial properties are currently available for sale in Leadgate?
There are currently 1 commercial properties available for sale. Sizes range from 11,041 sq ft to 11,041 sq ft, with an average size of 11,041 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Leadgate?
The average asking price is approximately £48 per sq ft, with prices ranging from £48 to £48 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 Leadgate, Consett

Market Overview for Commercial Properties in Leadgate

Key information for Commercial Properties investors in Leadgate 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
Consett £105 2,522 sq ft
Rowlands Gill £48 3,649 sq ft
Stanley, Durham £43 2,432 sq ft
Chester Le Street £111 113,600 sq ft
Hexham £81 1,911 sq ft

Rental Price Trends in Leadgate

The price per square foot range for Commercial Properties in Leadgate 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
Consett £48 £105 £121
Rowlands Gill £34 £48 £61
Stanley, Durham £37 £43 £62
Chester Le Street £77 £111 £146
Hexham £66 £81 £102

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Consett 1,093 sq ft 2,522 sq ft 11,041 sq ft
Rowlands Gill 3,319 sq ft 3,649 sq ft 3,979 sq ft
Stanley, Durham 546 sq ft 2,432 sq ft 3,060 sq ft
Chester Le Street 505 sq ft 113,600 sq ft 266,750 sq ft
Hexham 1,264 sq ft 1,911 sq ft 3,086 sq ft

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