Retail in Hinderwell available for sale
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Retail Properties for Sale near Hinderwell, Saltburn By The Sea

Retail Properties for Sale Within 10 miles of the Hinderwell, Saltburn By The Sea

More details for 112-113 Church St, Whitby - Retail for Sale

112-113 Church St

Whitby, YO22 4DE

  • Retail for Sale
  • £700,000
  • 1,304 sq ft

Whitby Retail for Sale - Scarborough

The property is located in the town of Whitby, a popular coastal resort within the county of North Yorkshire and surrounded by the North Yorkshire Moors National Park. It is situated on Church Street, the main thoroughfare between 199 steps leading to Whitby Abbey and the Town Centre. Church Street is one of the main retailing thoroughfares in the town with occupiers predominantly being tourist based boutique retailers. Prime Retail Investment Opportunity The property comprises a Grade II Listed Georgian building arranged over four storeys constructed in the 18th century. It forms a ground floor retail unit, first floor café / restaurant and three bedroom holiday let to the second and third floors. The ground floor comprises split level retail unit, with a small workshop area and is currently operated as a jeweller. The unit is situated on a corner position with return frontage onto two sections of Church Street. The first floor comprises a restaurant providing approximately 30 covers, a kitchen, toilets and bar areas. This area is accessed via a staircase to the rear of the property. The residential element located on the second and third floors, is accessed from the rear via an external staircase, with a lobby and utility room. The first floor comprises one double bedroom, lounge, dining room, bathroom, shower room and kitchen. The third floor areas are accessed via two separate staircases, the front area comprises a large bedroom with two double beds and a single bed, with an attached shower room. The rear staircase leads to one double bedroom. The apartment is furnished to a modern standard and could accommodate up to c. 9 people. We understand this apartment is currently operated as a holiday let. Excellent location on one of Whitby’s principal retail thoroughfares Let to C W Sellors Group Limited New lease for a term of 10 years incorporating an upward only rent review in the 5th year of the term at a rental of £49,000 per annum, exclusive The lease will incorporate a tenant option to break in the 5th year of the term on giving 6 months prior notice Attractive self-contained residential upper parts Offers are invited at £700,000 CW Sellors Group Limited will enter into a new full repairing and insuring lease for a term of 10 years, incorporating an upward only rent review in the 5th year of the term at a rental of £49,000 per annum, exclusive. The lease will incorporate a tenant option to break in the 5th year of the term on giving 6 months prior notice.

Contact:

Savills

Property Subtype:

Shopfront Retail / Residential

Date on Market:

29/08/2025

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More details for 3 Low Cleveland Street, Loftus - Retail for Sale

Liverton Fisheries - 3 Low Cleveland Street

Loftus, TS13 4QU

  • Retail for Sale
  • £145,000
  • 1,884 sq ft
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More details for 3-5 Dundas St, Saltburn By The Sea - Retail for Sale

3-5 Dundas St

Saltburn By The Sea, TS12 1AH

  • Retail for Sale
  • £1,000,000
  • 3,000 sq ft
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FAQs about Retail property for sale in Hinderwell

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

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