Commercial Property in Sherburn Hill available for sale
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Commercial Property for Sale near the Sherburn Hill, UK

Explore the Latest Sherburn Hill Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the Sherburn Hill, UK

More details for 69 North Rd W, Wingate - Retail for Sale

69 North Rd W

Wingate, TS28 5AP

  • Retail for Sale
  • £179,950
  • 1,083 sq ft
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More details for 19 Front St, Houghton Le Spring - Retail for Sale

19 Front St

Houghton Le Spring, DH5 9PF

  • Retail for Sale
  • £200,000
  • 2,321 sq ft
  • Energy Performance: D

Houghton Le Spring Retail for Sale - Hetton-le-Hole

<p>We are pleased to introduce to the market this excellent investment opportunity on the busy street of Hetton-Le-Hole. This substantial property is a mixed use building with three independent shops on the ground floor with their independent electric supply. There is also a storage unit rented separately to the rear of the property as can be seen on the attached floor plans. The first and second floor of the property benefits from lapsed planning permission to convert into 3x three bedroom apartments. The planning reference can be found below.</p><p>The property sits directly opposite Post Office, Tesco and Herron Food Store along with other high street brands and amenities. </p><p><b>Property Overview:<br /></b></p><p>Location: High street in Hetton-Le-Hole town centre, spread over three floors with prominent views of the town centre.<br /></p><p>Accessibility: Centrally located with quick access to the A690, providing direct routes to Sunderland, Durham, and the A1(M). Approximately 25 minutes to Newcastle and Darlington. Local amenities, including supermarkets, petrol stations, and essential shops, are all within walking distance.<br /></p><p><b>Planning (Ref: 20/02076/FUL) : </b>With further development to the upper floors the rent can increase substantially and also the value of the property.</p><p><b>Current Commercial Units Rental Income:<br /></b></p><p>The ground floor commercial units currently generate a combined monthly rental income of £1,900 broken down as follows:<br /></p><p>Retail Shops (3 units): £1,600 per month combined</p><p>Rear Storage Unit: £300 per month</p><p>For viewings please contact our office to speak to a member of our team. </p><p><br /></p>

Contact:

Spire Property Group & Consultants

Property Subtype:

Shopfront

Date on Market:

31/03/2025

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FAQs about Commercial Properties For Sale in Sherburn Hill

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How many Commercial Property listings are available for sale in Sherburn Hill?
There are currently 1 Commercial Properties available for sale near Sherburn Hill. These Sherburn Hill Commercial Property listings have an average size of 1,976 sq ft. The largest available listing in Sherburn Hill is 1,976 sq ft. The thriving commercial centre and excellent transport links in Sherburn Hill make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Sherburn Hill?
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 Sherburn Hill currently range from £95 to £95 per square foot. While the average net initial yield for Commercial Properties is 11.19%.
What other types of commercial property are available for sale in Sherburn Hill?
There is a diverse range of commercial properties available in Sherburn Hill to suit various business needs. Sherburn Hill offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Sherburn Hill 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 Sherburn Hill, UK

Market Overview for Commercial Properties in Sherburn Hill

Key information for Commercial Properties investors in Sherburn Hill 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
Sherburn Hill £95 1,976 sq ft
Durham £963 67,293 sq ft
£63 538 sq ft
Houghton Le Spring £56 6,875 sq ft
Wingate £182 877 sq ft

Rental Price Trends in Sherburn Hill

The price per square foot range for Commercial Properties in Sherburn Hill 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
Sherburn Hill £95 £95 £95
Durham £53 £963 £9,436
£63 £63 £63
Houghton Le Spring £20 £56 £86
Wingate £124 £182 £240

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Sherburn Hill 1,976 sq ft 1,976 sq ft 1,976 sq ft
Durham 794 sq ft 67,293 sq ft 427,189 sq ft
538 sq ft 538 sq ft 538 sq ft
Houghton Le Spring 668 sq ft 6,875 sq ft 28,813 sq ft
Wingate 671 sq ft 877 sq ft 1,083 sq ft

You searched for commercial property for sale in Sherburn Hill. 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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