Retail in Tanfield Lea available for sale
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Retail Properties for Sale near Tanfield Lea, Stanley

Retail Properties for Sale Within 5 miles of the Tanfield Lea, Stanley

More details for Spar Well Road, Blaydon On Tyne - Retail for Sale

Run of the Mill - Spar Well Road

Blaydon On Tyne, NE21 6RT

  • Retail for Sale
  • £900,000
  • 9,106 sq ft
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More details for 3 Holyhill Gdns, Stanley - Retail for Sale

3 Holyhill Gdns

Stanley, DH9 6PF

  • Retail for Sale
  • £45,000
  • 546 sq ft
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More details for Unit 1 Front St, Chester Le Street - Retail for Sale

South View - Unit 1 Front St

Chester Le Street, DH2 1BP

  • Retail for Sale
  • £97,500
  • 505 sq ft
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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 42 Middle St, Consett - Retail for Sale

42 Middle St

Consett, DH8 5QL

  • Retail for Sale
  • £130,000
  • 1,093 sq ft
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More details for Front St, Consett - Retail for Sale

The Old Co-op Building - Front St

Consett, DH8 7PJ

  • Retail for Sale
  • £700,000
  • 11,041 sq ft

Consett Retail for Sale - Leadgate

*Exceptional Freehold Commercial Investment – West Parade, Leadgate DH8*<br/><br/>A unique opportunity to acquire a substantial freehold commercial property, ideally positioned on the bustling West Parade in Leadgate. Prominently located on the main frontage, close to Consett, this impressive former co-op building stands as a hub of local activity, benefiting from strong footfall and excellent exposure.<br/><br/>Comprising nine individual commercial units across two floors, this investment offers diversity and stability. Eight of the units are currently let on FRI leases to well-established local businesses, including a dance studio, two gyms (one for general fitness and another a dedicated boxing gym), a deli, beauty salon, convenience store, barbershop, and beauty clinic. The ninth unit is in use as a storage facility on a short-term licence, providing additional rental flexibility. The new shop fronts present a modern and inviting aspect, ensuring excellent kerb appeal for both tenants and their clientele.<br/><br/>The property generates a combined annual rental income of £73,700, presenting an attractive yield of 10.52% at the asking price. Furthermore, scheduled rent reviews as per the lease terms offer future growth potential.<br/><br/>Surrounded by thriving residential neighbourhoods, the property spans a generous area of approximately 1,216.79 sqm, as shown on site outline plans—offering ample space for commercial operations and potential future redevelopment (subject to necessary planning permissions).<br/><br/>This is a rare opportunity to acquire a high-yielding, well-maintained investment with an established tenant base in a busy and rapidly growing part of County Durham.<br/><br/>Viewings are strictly by appointment only. To register interest and discuss this exceptional opportunity further, please contact the office today.

Contact:

Spire Property Group & Consultants

Date on Market:

27/11/2025

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More details for Victoria Rd, Consett - Retail for Sale

1-3 Britannia Shops - Victoria Rd

Consett, DH8 5AY

  • Retail for Sale
  • Price Upon Request
  • 1,810 sq ft
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FAQs About Retail Property For Sale in Tanfield Lea

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Tanfield Lea?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Tanfield Lea?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Tanfield Lea, Stanley

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