Retail in Stocksfield available for sale
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Retail Properties for Sale near the Stocksfield, UK

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

More details for Ovington, Prudhoe, Northd, Prudhoe - Retail for Sale

Ovington, Prudhoe, Northd

Prudhoe, NE42 6DH

  • Retail for Sale
  • £350,000
  • 1,030 sq ft
  • Security System
  • 24 Hour Access
  • Restaurant

Prudhoe Retail for Sale - Ovington, Northumberland

Pattinson are pleased to welcome to the market this restaurant and 1 bedroom apartment, located in Ovington, Northumberland. The restaurant has been refurbished to a high standard, but retains a lot of original features. The restaurant comprises an entrance vestibule, bar seating area, bar, dining room, mezzanine level currently being used to showcase antiques, a cellar and a commercial kitchen. To the rear of the property, is a secure yard, with a shed containing additional fridges. To the front, there is an outdoor seating area, with retractable awning. There is off-road parking available to the rear of the restaurant, and access to on-street parking in the streets surrounding the restaurant. The apartment can be accessed via a private entrance on the side of the building. This opens to an entrance hall and stairwell to the first floor. At the top of the stairwell, there is a utility cupboard, which currently houses the washing machine and dryer. When you enter the property, you have doors to the bathroom and the double bedroom, a spiral staircase to the second floor, and access to the open plan living room, kitchen/diner. From the kitchen/diner, you have access to a sun terrace through a secure French door. The second floor offers a storage space currently, but there is potential to extend the room, subject to relevant planning permission being sought. The freehold is being sold alongside the property.

Contact:

Pattinson Commercial

Date on Market:

19/11/2025

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FAQs about Retail property for sale in Stocksfield

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

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