Retail in Faverdale available for sale
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Retail Properties for Sale near the Faverdale, Darlington

Retail Properties for Sale Within 5 miles of the Faverdale, Darlington

More details for 23-25 Mayfair Rd, Darlington - Retail for Sale

23-25 Mayfair Rd

Darlington, DL1 3AJ

  • Retail for Sale
  • £90,000
  • 495 sq ft
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More details for 2-8 Clarks Yard, Darlington - Retail for Sale

2-8 Clarks Yard

Darlington, DL3 7QH

  • Retail for Sale
  • £415,000
  • 3,706 sq ft

Darlington Retail for Sale

The whole building shares pedestrian access to the wider Clark’s yard just off High Row, providing limited vehicle access for deliveries, through the adjoining narrow access paths onto Skinnergate Road, this building does dominate and is a very attractive and the main building situated in Clarks Yard. The property is located in the heart of Darlington’s Town business center and approx. no more than a 1 mile west of Darlington Main line train station, this building is situated within a well-established traditional retail/leisure area of the Town. Unique Opportunity to acquire one of the oldest buildings in the famous "Yards" of Darlington Town Centre. The property comprises currently five small retail/workshop units over ground and first floors the building was constructed in 1767 over 250+ years old, one of very few left of "old Darlignton" featuring traditional brick/block walls and a pitched roof. This property was last on the market around 40 years ago and in the early 1990’s, substantial lovingly redevelopment works were carried to match and enhance its Grade II listed status to bring into modern standard at the time for commercial use. Units 2, 6 & 8 are located on the ground floor and provide space ranging individually from 231 - 352 sqft, with their own wc or staff areas. These units have their own entrance doors, trading as a Gent’s barbers, Gift shop (opening in May 25) and a Cheese & Wine shop. The first floor provides a further two commercial units a Beauty parlour/Saloon and a Tattoo studio, these units share an internal first floor WC and and storage area. There is further unutilised space that has never been developed by the current owners on the second floor, which runs the whole length of this parade of units as well as unused basement space that may be able to be used for commercial use. All units are let producing £22,380 per annum, this site offers opportunities to refurbish or redevelop with substantial scope for further rental increases . £22,380 per annum income with further potential for development Grade II Listed Over 250 years old dated 1767 Darlington's infamous "Clarks Yard" Unused 2nd floor and basement potential Alternative uses (STP) Income producing Asset Management/Development opportunity ///venues.wizard.goods All viewings via the agents We have been informed that this building has not been elected for VAT purposes.

Contact:

Align Property Services Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

02/05/2025

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More details for Coburg St, Darlington - Retail for Sale

Coburg St

Darlington, DL1 1GB

  • Retail for Sale
  • £225,000
  • 3,621 sq ft
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More details for 18 Grange Rd, Darlington - Retail for Sale

18 Grange Rd

Darlington, DL1 5NG

  • Retail for Sale
  • £150,000
  • 880 sq ft
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More details for 15 Northumberland St, Darlington - Retail for Sale

15 Northumberland St

Darlington, DL3 7HJ

  • Retail for Sale
  • £155,000
  • 2,253 sq ft
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More details for 31 Salisbury Ter, Darlington - Retail for Sale

31 Salisbury Ter

Darlington, DL3 6NU

  • Retail for Sale
  • £115,000
  • 460 sq ft
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FAQs about Retail property for sale in Faverdale

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Faverdale?
There are currently 0 Retail Properties available for sale near Faverdale. These Faverdale Retail Property listings have an average size of. The largest available listing in Faverdale is. The thriving commercial centre and excellent transport links in Faverdale make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Faverdale?
The average price/SF for Retail Property for sale in Faverdale is about. The cost per sq ft for Retail Property in Faverdale ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Faverdale?
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 to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Faverdale?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Faverdale is approximately.
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 Faverdale, Darlington

With 0 retail units currently available for sale in Faverdale, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Faverdale, 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 Faverdale, 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 Faverdale 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

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