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Castle Chambers, Market Place... Residential development for sale
Market Place, Barnard Castle
£400,000
Market Place, Barnard Castle
£400,000
Our Summary
- We are delighted to offer a Grade II listed commercial investment property with huge potential to develop further income or for residential conversion subject to planning, situated in the heart of the historic market town of Barnard Castle
Description
This Grade II listed commercial property is situated in the heart of Barnard Castle, a historic market town, and offers a unique investment opportunity with potential for further development or residential conversion, subject to planning. The property comprises a self-contained ground floor shop, 11 individual office suites, and communal kitchen and bathroom facilities. The property benefits from private parking to the rear and is currently let to two tenants, with a 10-year lease on the shop and a rolling 12-month lease on one of the office suites. The property is located near a range of amenities, including nurseries, primary and secondary schools, and is easily accessible to nearby towns and cities, including Darlington, Bishop Auckland, Durham, and Newcastle upon Tyne.