Retail in Pelton Fell available for sale
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Retail Properties for Sale near the Pelton Fell, Chester Le Street

Retail Properties for Sale Within 5 miles of the Pelton Fell, Chester Le Street

More details for Stanley 28A,30,32 & 34/34A Front Street – Retail for Sale, Stanley

Stanley 28A,30,32 & 34/34A Front Street

  • Retail for Sale
  • £150,000
  • 3,060 sq ft
  • 3 Retail Properties

Stanley Portfolio of properties for Sale

Investment Consideration: Gross Initial Yield: 10.50% + vacant office Rental Income: £15,750 p.a. ERV: £23,750 p.a. GIY: 15.83% VAT is applicable to this property Comprises 2 ground floor retail shops and self-contained office at first floor Includes retail shop and residential flat at No.34/34A which has been sold-off Development potential to create 3 residential flats, subject to obtaining consents Nearby occupiers include Boots, Betfred, The Original Factory and many more. Property Description: The property comprises 2 ground floor retail shops t/a Nail Salon & Charity Shop and vacant self-contained office accommodation at first floor with development potential. The property includes Retail shop at No.34 and residential Flat No.34A, both of which have been sold-off on long leasehold. The property provides the following accommodation and dimensions: Ground Floor No 30: Retail Shop 82.7 sq m (890 sq ft) Open plan retail, storage, kitchen, wc No 32: Retail Shop 92.9 sq m (1,000 sq ft) Open plan retail, storage, kitchen, wc First Floor No 28A: Vacant Office 162.7 sq m (1,751 sq ft) Ground/First Floor No.34 & 34A: Retail shop & Flat: sold-off Total Retail GIA: 175.6 sq m (1,890 sq ft) Total Office GIA: 162.7 sq m (1,751 sq ft) Development Potential: Permitted development potential to create 3 x 1-bed flats, one of the flats to be accessed from Front Street, while the remaining 2 would be accessed from the rear Clifford Road. Proposed First Floor Flat 1: approx. 50 sq m (538 sq ft) Open plan kitchen/living, bedroom, bathroom Flat 2: approx. 43 sq m (463 sq ft) Open plan kitchen/living, bedroom, bathroom Flat 3: approx. 47 sq m (506 sq ft) Open plan kitchen/living, bedroom, bathroom Proposed GIA: approx. 140 sq m (1,507 sq ft) Sizes are approximate and shown for reference only. The plans are illustrative and any works would be subject to the buyer obtaining the necessary consents. Tenancy: Office No.28a is at present vacant and provides residential development potential. ERV: £7,500 p.a. Shop No.30 is at present let to an Individual t/a Nail Salon for a term of 10 Years from 3rd March 2022 at a current rent of £8,250 p.a. and the lease contains full repairing and insuring covenants. Rent review linked to RPI on 03.03.27. Tenant option to determine on 03.03.27. Shop No.32 is at present let to PACT House t/a Charty Shop for a term of 3 Years from 22nd September 2024 at a current rent of £7,500 p.a. and the lease contains full repairing and insuring covenants. Tenant break option in 2025 NOT exercised. Shop No.34 and Flat No.34A have been sold off on long leasehold for a term of 250 Years from 19th May 2017 at a ground rent of peppercorn. Reversion 2267. Location: The premises are located on Front Street, the main pedestrianised retail street within Stanley. Stanley is approximately 15 miles south of Newcastle upon Tyne, 12 miles north of Durham, and 6 miles west of Chester-le-Street. Road communications are good, being located on the A693 with the A(M) motorway some 6 miles to the east. Nearby occupiers include Boots, Betfred, The Original Factory and many more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

05/01/2026

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More details for 57-59 Front St, Chester Le Street - Retail for Sale

57-59 Front St

Chester Le Street, DH3 3DD

  • Retail for Sale
  • £230,000
  • 2,260 sq ft
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More details for 101 Front St, Chester Le Street - Retail for Sale

101 Front St

Chester Le Street, DH3 3BL

  • Retail for Sale
  • £230,000
  • 2,458 sq ft
  • 24 Hour Access

Chester Le Street Retail for Sale - Durham

Investment Consideration: Vacant possession ERV: £25,000 p.a. GIY: 10.87% VAT is NOT applicable to this property Comprises former bank premises arranged over ground and first floor Total area size of 228 sq m (2,458 sq ft) Residential development potential, subject to obtaining the necessary consents. Located within short walk to Chester Le Street train station and Chester Le Street Library Nearby occupiers include Barclays, Post Office, Cardfactory, The Works, Heron Foods and more. Property Description: The property comprises retail premises arranged over ground and first floor, previously operated as a bank. Residential development potential, subject to obtaining the necessary consents. The property provides the following accommodation and dimensions: Ground Floor: Retail 83 sq m (894 sq ft) Ground Floor: Ancillary 45 sq m (488 sq ft) First Floor: Ancillary 100 sq m (1,076 sq ft) Total area size: 228 sq m (2,458 sq ft) Tenancy: The entire property is at present vacant. ERV: £25,000 per annum Location: Chester Le Street also known as Chester, is a market town and civil parish north of the River Wear, England. It is in the district, lieutenancy and historic palatine of Durham and is located 7 miles (11 km) south of Newcastle upon Tyne and 8 miles (13 km) west of Sunderland. The town holds markets Tuesdays, Fridays and Saturdays. The property is located within short walk to Chester Le Street train station and Chester Le Street Library. Nearby occupiers include Barclays, Post Office, Cardfactory, The Works, Heron Foods and more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bank

Date on Market:

30/10/2023

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FAQs about Retail property for sale in Pelton Fell

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

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