Commercial Property in SR8 available for sale
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Commercial Property for Sale near SR8, Peterlee

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Find commerical property for sale in SR8 that meets your business or investment goals

More details for Passfield Way, Peterlee - Retail for Sale

Roadside Retail - Passfield Way

Peterlee, SR8 1PX

  • Retail for Sale
  • £3,800,000
  • 12,943 sq ft

Peterlee Retail for Sale

Long Income Supermarket Anchored Roadside Investment Passfield Way, Peterlee, County Durham, SR8 1PX Property Highlights • Roadside Investment opportunity recently completed. • Let to Sainsburys, Greggs & Domino’s amongst others. • Blend of open market and CPI reviews. • 12,943 sq ft of accommodation plus electric charging points. • Annual rent of £265,380 with genuine reversion. • Asset Management opportunities to further improve income & Value. • WAULT to expiry of 10.26 years. We have been instructed to seek £3.8m, which will show a net initial yield of 6.52% and a reversionary yield of 7.31%.

Contact:

MHPI Ltd

Date on Market:

20/02/2025
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Commercial Properties for Sale Within 5 miles of the SR8, Peterlee

More details for 22 Church St, Seaham - Retail for Sale

22 Church St

Seaham, SR7 7HQ

  • Retail for Sale
  • £150,000
  • 4,213 sq ft

Seaham Retail for Sale

Nestled in the heart of Seaham’s bustling Church Street, this impressive freehold mid-terrace property presents a rare investment opportunity. Arranged over two storeys, the premises boast both commercial and residential elements, generating a strong and secure combined income of £1,283 per month (£15,400 per annum).<br/><br/>The ground floor features a modern retail unit, which benefits from an ongoing commercial lease with five years remaining—a stable arrangement providing £733 monthly rental income (£8,800 per annum). To the first floor, a spacious residential apartment is currently let on an Assured Shorthold Tenancy (AST), adding £550 per month (£6,600 per annum) to the total yield. The property’s versatility and reliable rental returns make it particularly appealing for those seeking to expand their investment portfolio.<br/><br/>Located on the ever-popular Church Street, the property occupies a central spot within Seaham—a vibrant coastal town famed for its striking seafront, independent shops, and outstanding community amenities. A wealth of nearby attractions, including Seaham Harbour Marina, the dramatic coastline walks of the Durham Heritage Coast, and a variety of cafes, boutiques, and restaurants all await future tenants, offering an enviable lifestyle and easy access to local conveniences.<br/><br/>Excellent transport links are on hand, with Seaham Railway Station offering regular services to Durham, Sunderland, Newcastle, and Teesside, while the A19 ensures swift connectivity for commuters and travellers alike. Local bus services provide further direct connections within the town and across the region.<br/><br/>This property represents a solid investment in a thriving and well-connected location. Whether considering your first or latest addition to a portfolio, arrange your viewing today to fully appreciate the scope and potential on offer.

Contact:

Spire Property Group & Consultants

Property Subtype:

Shopfront

Date on Market:

13/01/2026
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More details for 69 North Rd W, Wingate - Retail for Sale

69 North Rd W

Wingate, TS28 5AP

  • Retail for Sale
  • £172,950
  • 1,083 sq ft

Wingate Retail for Sale

We are pleased to offer to the market this two storey hair and beauty salon, located along North Road West, Wingate. <br/> <br/>On the ground floor there is a hair salon, barbers, washroom, kitchen, storage and W.C., and to the first floor there are three beauty rooms, a nail room, bathroom and waiting area. To the rear of the property there are three public parking bays. We are advised the property the salon is currently generating an income in the excess of £25,000 with the potential to increase once fully occupied. Please note the current income is from the chair rentals and ongoing business. <br/> <br/>Alternatively, the property could offer potential to be converted back into a large residential property (subject to planning permission).<br/><br/>

Contact:

Pattinson Commercial

Property Subtype:

Shopfront

Date on Market:

19/11/2025
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LoopNet UK Co Durham Peterlee Commercial Properties For Sale in SR8, Peterlee, UK

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FAQs About Commercial Property For Sale in SR8

See All Properties For Sale
How many commercial properties are currently available for sale in SR8?
There are currently 1 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in SR8?
The average asking price is approximately per sq ft, with prices ranging from to 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 SR8, Peterlee

You searched for commercial property for sale in SR8. 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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