Commercial Property in Pelton available for sale
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Commercial Property for Sale near Pelton (Chester Le Street)

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

Commercial Properties for Sale Within 5 miles of the Pelton (Chester Le Street)

More details for Queensway, Gateshead - Office for Sale
  • Matterport 3D Tour

Picture House-Team Valley Trading Estate - Queensway

Gateshead, NE11 0NX

  • Office for Sale
  • £1,500,000
  • 10,877 sq ft
  • Energy Performance: C
  • Air Conditioning
  • Kitchen
  • Reception

Gateshead Office for Sale

Discover a unique opportunity to owner-occupy or invest in a self-contained HQ-style office building in a landscaped setting in Gateshead. The building was initially built as a cinema in the 1930s, providing essential welfare amenities for the workers of Queens Park. The property has since undergone significant refurbishment (2006) to provide stunning, open-plan office accommodation, meeting rooms, and functional mezzanine space. Enter the building via a prestigious reception area, complete with a kitchen, staff facilities, and laboratories, offering everything in one place. This flexible accommodation provides the ideal opportunity to adapt the space to suit all operational requirements and align with brand identity. Enjoy a host of green credentials, including extensive natural light, and take the first step toward achieving Net Zero Carbon in the future, alongside reduced occupation costs. Join one of the UK's most successful commercial mixed-use business locations at Queensway in Team Valley. Take advantage of the site's prominence on the A1 Western Bypass, offering quick and easy links to Newcastle upon Tyne, Gateshead, and the wider regional conurbation. For those opting to travel via public transport, the site offers excellent bus service links with Gateshead Interchange and the Tyne and Wear Metro, providing efficient transport for visitors and staff. Take a break from meetings and discover the diverse range of amenities nearby, including Maingate to the north, providing retail, office, hotel, leisure, and restaurant facilities with occupiers Regis, HSBC, Greggs, O'Brien's, Finlay's Newsagents, Bathstore, FX Leisure Gym, and the Premier Inn. To the south of Team Valley is Retail World, a retail park with retailers M&S Food, Boots, Valley Parade Halfords, Wren Kitchen, TK Maxx, and Decathlon. With flexibility, sustainability, and accessibility at the forefront of this property's offering, Picture House offers the ideal setting for forward-thinking occupiers and investors.

Contact:

J K Property Consultants

Date on Market:

04/10/2023

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More details for Craghead Industrial Estate, Stanley - Land for Sale

Industrial Yard - Craghead Industrial Estate

Stanley, DH9 6HA

  • Land for Sale
  • £450,000
  • 0.91 ac Plot
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More details for 16 Front St, Washington - Retail for Sale

16 Front St

Washington, NE37 2BA

  • Retail for Sale
  • £90,000
  • 1,166 sq ft
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More details for 3 Holyhill Gdns, Stanley - Retail for Sale

3 Holyhill Gdns

Stanley, DH9 6PF

  • Retail for Sale
  • £45,000
  • 546 sq ft
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More details for Kingsway South, Gateshead - Light Industrial for Sale

Kingsway Central - Kingsway South

Gateshead, NE11 0SU

  • Light Industrial for Sale
  • £3,500,000
  • 47,450 sq ft
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More details for 1 Church Row, Gateshead - Retail for Sale

1 Church Row

Gateshead, NE10 9SL

  • Retail for Sale
  • £160,000
  • 1,940 sq ft
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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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FAQs About Commercial Property For Sale in Pelton

See All Properties For Sale
How many commercial properties are currently available for sale in Pelton?
There are currently 1 commercial properties available for sale. Sizes range from 505 sq ft to 505 sq ft, with an average size of 505 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Pelton?
The average asking price is approximately £144 per sq ft, with prices ranging from £144 to £144 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 Pelton (Chester Le Street)

Market Overview for Commercial Properties in Pelton

Key information for Commercial Properties investors in Pelton 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
Chester Le Street £109 113,606 sq ft
Stanley, Durham £43 2,432 sq ft
Washington £46 51,458 sq ft
Blaydon On Tyne £53 53,445 sq ft
Gateshead £118 17,866 sq ft

Rental Price Trends in Pelton

The price per square foot range for Commercial Properties in Pelton 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
Chester Le Street £74 £109 £144
Stanley, Durham £36 £43 £61
Washington £32 £46 £57
Blaydon On Tyne £32 £53 £73
Gateshead £32 £118 £455

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Chester Le Street 505 sq ft 113,606 sq ft 266,750 sq ft
Stanley, Durham 546 sq ft 2,432 sq ft 3,060 sq ft
Washington 1,166 sq ft 51,458 sq ft 148,596 sq ft
Blaydon On Tyne 9,106 sq ft 53,445 sq ft 97,783 sq ft
Gateshead 661 sq ft 17,866 sq ft 148,596 sq ft

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