Commercial Property in Spennymoor available for sale
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Commercial Properties for Sale near Spennymoor, UK

Commercial Properties for Sale Within 5 miles of the Spennymoor, UK

More details for 12 Silver St, Durham - Retail for Sale

12 Silver St

Durham, DH1 3RB

  • Retail for Sale
  • £874,999
  • 2,516 sq ft
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More details for INFINITY PORTFOLIO – Industrial for Sale

INFINITY PORTFOLIO

  • Industrial for Sale
  • £34,970,000
  • 427,189 sq ft
  • 3 Industrial Properties
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More details for Dragonville Retail Park – Retail for Sale, Durham

Dragonville Retail Park

  • Retail for Sale
  • £12,000,000
  • 97,586 sq ft
  • 5 Retail Properties
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More details for 26 Carr House Dr, Durham - Land for Sale

St. Bedes Presbytery - 26 Carr House Dr

Durham, DH1 5LB

  • Land for Sale
  • Price Upon Request
  • 1.32 ac Plot

Durham Land for Sale - Newton Hall

The property is located off Carr House Drive in Durham. The site is situated approximately 1.5 miles north of Durham city centre. The property is in a predominantly residential area, with a mix of modern and older estate housing in the immediate vicinity. There are a number of schools nearby, whilst there are also many local amenities within walking distance. The property is 0.6 miles by road to the A167, which connects to the A690 to the south west, providing direct access to Durham. The A690 also links to junction 62 of the A1(M) 4.5 miles by road to the east of the property. The site is well served by public transport, with Old Pit Lane being serviced by many bus routes, providing regular services to the surrounding villages, the Arnison Centre, Durham city centre and beyond. The property is adjacent to St Godric’s Roman Catholic Primary School to the north, Carr House Drive to the east, Bek Road to the south and Old Pit Lane to the west. The Bid Deadline is 12noon on 24th July 2025. The sale of the St. Bede’s Presbytery and Land provides an excellent opportunity to acquire a property with excellent development potential in a popular location approximately 1.5 miles north of Durham city centre. The broadly triangular-shaped site measures approximately 1.32 acres (0.53 ha). The southern and eastern parts of the property are mainly landscaped grounds and informal surface car parking. The car park is private and only accessible to authorised users on a temporary permissive basis. The main vehicular access onto this open part of the property is from Carr House Drive. The Presbytery, a single storey red brick building, is located towards the north west corner of the property. The building has four bedrooms and two garages. Vehicular access to the Presbytery is from Old Pit Lane. There is a separate dedicated car parking area off this access, with parking for four or five cars. The property is offered for sale by informal tender. Bids are invited on two bases: 1. For the entire property. 2. For the property excluding the Presbytery building and land on which it sits - some 0.23 acre (0.093 ha). This area is approximately identified as the opaque shaded area on the aerial photograph on the front of this brochure. The preference of the vendor is that the site be used for the provision of social housing. Popular housing location, close to Durham city centre. The preference of the vendor is that the site be used for the provision of social housing.

Contact:

Avison Young

Property Subtype:

Commercial

Date on Market:

20/06/2025

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FAQs About Commercial Property For Sale in Spennymoor

See All Properties For Sale
How many commercial properties are currently available for sale in Spennymoor?
There are currently 0 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 Spennymoor?
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 Spennymoor, UK

Market Overview for Commercial Properties in Spennymoor

Key information for Commercial Properties investors in Spennymoor 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
Durham £120 18,991 sq ft
Stanley, Durham £43 2,432 sq ft
Houghton Le Spring £146 4,751 sq ft
Chester Le Street £112 113,600 sq ft
Washington £52 51,458 sq ft

Rental Price Trends in Spennymoor

The price per square foot range for Commercial Properties in Spennymoor 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
Durham £41 £120 £267
Stanley, Durham £37 £43 £62
Houghton Le Spring £25 £146 £374
Chester Le Street £77 £112 £146
Washington £33 £52 £71

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Durham 918 sq ft 18,991 sq ft 97,586 sq ft
Stanley, Durham 546 sq ft 2,432 sq ft 3,060 sq ft
Houghton Le Spring 537 sq ft 4,751 sq ft 28,813 sq ft
Chester Le Street 505 sq ft 113,600 sq ft 266,750 sq ft
Washington 1,166 sq ft 51,458 sq ft 148,596 sq ft

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