Commercial Property in Ovingham available for sale
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Commercial Property for Sale near the Ovingham, Prudhoe

Explore the Latest Ovingham Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the Ovingham, Prudhoe

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 Glossop St, High Spen - Specialist for Sale

Former Church - Glossop St

High Spen, NE39 2EE

  • Specialist for Sale
  • £180,000
  • 3,979 sq ft
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FAQs about Commercial Properties For Sale in Ovingham

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How many Commercial Property listings are available for sale in Ovingham?
There are currently 1 Commercial Properties available for sale near Ovingham. These Ovingham Commercial Property listings have an average size of. The largest available listing in Ovingham is. The thriving commercial centre and excellent transport links in Ovingham make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Ovingham?
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 Ovingham 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 Ovingham?
There is a diverse range of commercial properties available in Ovingham to suit various business needs. Ovingham offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Ovingham 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 Ovingham, Prudhoe

Market Overview for Commercial Properties in Ovingham

Key information for Commercial Properties investors in Ovingham 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
Prudhoe £227 1,030 sq ft
Consett £66 5,885 sq ft
Newcastle Upon Tyne £112 38,924 sq ft
Annfield Plain £170 557 sq ft

Rental Price Trends in Ovingham

The price per square foot range for Commercial Properties in Ovingham 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
Prudhoe £227 £227 £227
Consett £47 £66 £97
Newcastle Upon Tyne £11 £112 £459
Annfield Plain £170 £170 £170

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Prudhoe 1,030 sq ft 1,030 sq ft 1,030 sq ft
Wylam 20,249 sq ft 20,249 sq ft 20,249 sq ft
Consett 1,672 sq ft 5,885 sq ft 11,041 sq ft
Newcastle Upon Tyne 300 sq ft 38,924 sq ft 272,047 sq ft
Annfield Plain 557 sq ft 557 sq ft 557 sq ft

You searched for commercial property for sale in Ovingham. Explore 1 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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