Commercial Property in Pelton Fell available for sale
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Commercial Properties for Sale near the Pelton Fell, Chester Le Street

Commercial Properties for Sale Within 5 miles of the Pelton Fell, Chester Le Street

More details for Stanley 28A,30,32 & 34/34A Front Street – Retail for Sale, Stanley

Stanley 28A,30,32 & 34/34A Front Street

  • Retail for Sale
  • £150,000
  • 3,060 sq ft
  • 3 Retail Properties

Stanley Portfolio of properties for Sale

Investment Consideration: Gross Initial Yield: 10.50% + vacant office Rental Income: £15,750 p.a. ERV: £23,750 p.a. GIY: 15.83% VAT is applicable to this property Comprises 2 ground floor retail shops and self-contained office at first floor Includes retail shop and residential flat at No.34/34A which has been sold-off Development potential to create 3 residential flats, subject to obtaining consents Nearby occupiers include Boots, Betfred, The Original Factory and many more. Property Description: The property comprises 2 ground floor retail shops t/a Nail Salon & Charity Shop and vacant self-contained office accommodation at first floor with development potential. The property includes Retail shop at No.34 and residential Flat No.34A, both of which have been sold-off on long leasehold. The property provides the following accommodation and dimensions: Ground Floor No 30: Retail Shop 82.7 sq m (890 sq ft) Open plan retail, storage, kitchen, wc No 32: Retail Shop 92.9 sq m (1,000 sq ft) Open plan retail, storage, kitchen, wc First Floor No 28A: Vacant Office 162.7 sq m (1,751 sq ft) Ground/First Floor No.34 & 34A: Retail shop & Flat: sold-off Total Retail GIA: 175.6 sq m (1,890 sq ft) Total Office GIA: 162.7 sq m (1,751 sq ft) Development Potential: Permitted development potential to create 3 x 1-bed flats, one of the flats to be accessed from Front Street, while the remaining 2 would be accessed from the rear Clifford Road. Proposed First Floor Flat 1: approx. 50 sq m (538 sq ft) Open plan kitchen/living, bedroom, bathroom Flat 2: approx. 43 sq m (463 sq ft) Open plan kitchen/living, bedroom, bathroom Flat 3: approx. 47 sq m (506 sq ft) Open plan kitchen/living, bedroom, bathroom Proposed GIA: approx. 140 sq m (1,507 sq ft) Sizes are approximate and shown for reference only. The plans are illustrative and any works would be subject to the buyer obtaining the necessary consents. Tenancy: Office No.28a is at present vacant and provides residential development potential. ERV: £7,500 p.a. Shop No.30 is at present let to an Individual t/a Nail Salon for a term of 10 Years from 3rd March 2022 at a current rent of £8,250 p.a. and the lease contains full repairing and insuring covenants. Rent review linked to RPI on 03.03.27. Tenant option to determine on 03.03.27. Shop No.32 is at present let to PACT House t/a Charty Shop for a term of 3 Years from 22nd September 2024 at a current rent of £7,500 p.a. and the lease contains full repairing and insuring covenants. Tenant break option in 2025 NOT exercised. Shop No.34 and Flat No.34A have been sold off on long leasehold for a term of 250 Years from 19th May 2017 at a ground rent of peppercorn. Reversion 2267. Location: The premises are located on Front Street, the main pedestrianised retail street within Stanley. Stanley is approximately 15 miles south of Newcastle upon Tyne, 12 miles north of Durham, and 6 miles west of Chester-le-Street. Road communications are good, being located on the A693 with the A(M) motorway some 6 miles to the east. Nearby occupiers include Boots, Betfred, The Original Factory and many more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

05/01/2026

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More details for 57-59 Front St, Chester Le Street - Retail for Sale

57-59 Front St

Chester Le Street, DH3 3DD

  • Retail for Sale
  • £230,000
  • 2,260 sq ft
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More details for 101 Front St, Chester Le Street - Retail for Sale

101 Front St

Chester Le Street, DH3 3BL

  • Retail for Sale
  • £230,000
  • 2,458 sq ft
  • 24 Hour Access

Chester Le Street Retail for Sale - Durham

Investment Consideration: Vacant possession ERV: £25,000 p.a. GIY: 10.87% VAT is NOT applicable to this property Comprises former bank premises arranged over ground and first floor Total area size of 228 sq m (2,458 sq ft) Residential development potential, subject to obtaining the necessary consents. Located within short walk to Chester Le Street train station and Chester Le Street Library Nearby occupiers include Barclays, Post Office, Cardfactory, The Works, Heron Foods and more. Property Description: The property comprises retail premises arranged over ground and first floor, previously operated as a bank. Residential development potential, subject to obtaining the necessary consents. The property provides the following accommodation and dimensions: Ground Floor: Retail 83 sq m (894 sq ft) Ground Floor: Ancillary 45 sq m (488 sq ft) First Floor: Ancillary 100 sq m (1,076 sq ft) Total area size: 228 sq m (2,458 sq ft) Tenancy: The entire property is at present vacant. ERV: £25,000 per annum Location: Chester Le Street also known as Chester, is a market town and civil parish north of the River Wear, England. It is in the district, lieutenancy and historic palatine of Durham and is located 7 miles (11 km) south of Newcastle upon Tyne and 8 miles (13 km) west of Sunderland. The town holds markets Tuesdays, Fridays and Saturdays. The property is located within short walk to Chester Le Street train station and Chester Le Street Library. Nearby occupiers include Barclays, Post Office, Cardfactory, The Works, Heron Foods and more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bank

Date on Market:

30/10/2023

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More details for Parsons Rd, Washington - Office for Sale

Swallow House - Parsons Rd

Washington, NE37 1EZ

  • Office for Sale
  • £535,000
  • 5,864 sq ft
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More details for Drum Rd, Chester Le Street - Industrial for Sale

Drum One - Drum Rd

Chester Le Street, DH2 1AE

  • Industrial for Sale
  • 266,750 sq ft
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FAQs about Commercial Properties For Sale in Pelton Fell

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

Market Overview for Commercial Properties in Pelton Fell

Key information for Commercial Properties investors in Pelton Fell 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
Stanley, Durham £37 3,060 sq ft
Chester Le Street £60 68,532 sq ft
Washington £64 33,436 sq ft
New Herrington £51 1,256 sq ft
Blaydon On Tyne £39 90,262 sq ft

Rental Price Trends in Pelton Fell

The price per square foot range for Commercial Properties in Pelton Fell 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
Stanley, Durham £37 £37 £37
Chester Le Street £34 £60 £76
Washington £32 £64 £119
New Herrington £51 £51 £51
Blaydon On Tyne £32 £39 £45

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Stanley, Durham 3,060 sq ft 3,060 sq ft 3,060 sq ft
Chester Le Street 2,260 sq ft 68,532 sq ft 266,750 sq ft
Washington 3,448 sq ft 33,436 sq ft 148,596 sq ft
New Herrington 1,256 sq ft 1,256 sq ft 1,256 sq ft
Blaydon On Tyne 82,740 sq ft 90,262 sq ft 97,783 sq ft

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