Retail in Evenwood available for sale
1

Retail Property for Sale near the Evenwood, UK

Explore the Latest Evenwood Retail Properties for Sale

Retail Properties for Sale Within 5 miles of the Evenwood, UK

More details for 1 Saxon Green, Escomb - Retail for Sale

The Saxon Inn - 1 Saxon Green

Escomb, DL14 7SY

  • Retail for Sale
  • £475,000
  • 8,000 sq ft
  • Air Conditioning
  • Security System
  • 24 Hour Access

Escomb Retail for Sale

Blacks Business Brokers are proud to bring to the market this freehold pub and restaurant located in the much sought after area of Escomb, Bishop Auckland. In addition to the pub, there is now a 3 Bedroom Adjacent Property included in the sale. INTRODUCTION The Saxon Inn has been in operation for over 400 years here on Saxon Green and over that time it has firmly established itself within the local community. Our client has been in ownership here since 2000 and has enjoyed this exceptionally popular pub, with loyal customer base and great reputation. LOCATION Escomb is a village on the River Wear close to Bishop Auckland. The area is well populated and very much sought after. This business is situated in the heart of the village, within an affluent residential area. REASON FOR SALE The business is only being offered for sale due to retirement, opening up an exciting opportunity for a new owner to enjoy this busy and popular pub. LEASE This is a freehold sale. No lease details applicable. BUILDING LAYOUT AND DESIGN The business is housed within a beautiful, centuries old property, with manicured and pretty surroundings. This elevated corner location gives the building a real feel of grandeur before even seeing inside. The position within a historic village means that the business benefits from both local trade and tourism. To the rear of the building is a large, private car park for patron use. Inside, the pub area is cosy and welcoming with a traditional feel and bar. The restaurant area is more modern, with spotlights, colour themed décor and matching accessories – the business offers seating for 72, 40 of which are in the restaurant and 32 in the lounge diner. The building also benefits from a beer cellar and garage. All areas are well presented. The property expanded the building in November 2018 adding in a bed and breakfast, with 9 brand new double en suite bedrooms. STAFF The business currently has eleven members of staff in place on PAYE contracts. FINANCIAL DETAILS Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. Annual Accounts Available 31 March 2022, Annual Turnover £392,933 Annual Gross Profit £266,150. Additional Refurbishment in 2020, resulting in increasing turnover with B&B (9 Double En-Suite Bedrooms). In addition to this, there has previously been investment of over £300,000 in 2018. Most customers are from the local area as one would expect, with additional passing trade from visitors and tourists to the area. SUMMARY This freehold business offers a solid income stream, with much scope to develop the business further through some changes to this impressive and sizeable building. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Contact:

Blacks Business Brokers

Property Subtype:

Restaurant

Date on Market:

21/12/2022

Hide
See More
More details for 99 Main St, Shildon - Retail for Sale

99 Main St

Shildon, DL4 1AW

  • Retail for Sale
  • £90,000
  • 547 sq ft
See More
More details for 221A Newgate St, Bishop Auckland - Retail for Sale

221A Newgate St

Bishop Auckland, DL14 7EL

  • Retail for Sale
  • £100,000
  • 1,072 sq ft
See More
More details for 2 Cambridge St, Spennymoor - Retail for Sale

2 Cambridge St

Spennymoor, DL16 6DF

  • Retail for Sale
  • £350,000
  • 6,368 sq ft
See More

FAQs about Retail property for sale in Evenwood

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Evenwood?
There are currently 1 Retail Properties available for sale near Evenwood. These Evenwood Retail Property listings have an average size of 311 sq ft. The largest available listing in Evenwood is 311 sq ft. The thriving commercial centre and excellent transport links in Evenwood make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Evenwood?
The average price/SF for Retail Property for sale in Evenwood is about £158. The cost per sq ft for Retail Property in Evenwood ranges from £158 to £158, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Evenwood?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £158 to £158 per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Evenwood?
Currently, the largest Retail Property available to buy is 311 sq ft and the smallest is 311 sq ft. The average size of Retail Property available for sale in Evenwood is approximately 311 sq ft.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Evenwood, UK

With 1 retail units currently available for sale in Evenwood, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Evenwood, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Evenwood, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Evenwood can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

LoopNet - the worlds No. 1 commercial property marketplace.