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5 bedroom terraced house for sale
Newgate Street, Bishop Auckland, County Durham, DL14
£50,000
Newgate Street, Bishop Auckland, County Durham, DL14
£50,000
Our Summary
- ** Superb Commercial Property For Sale via Auction**
- We are delighted to present this larger-than-average commercial unit to the market, available via online auction with Dowen and IAM-SOLD
- This expansive property is well-suited to a wide range of commercial uses and presents a fantastic opportunity for investors, business owners, or developers
- Auction Details
- This property is offered for sale by auction in partnership with IAM-SOLD and Dowen
- BEING SOLD VIA AUCTION
- HUGE POTENTIAL
- IDEAL INVESTMENT OPPORTUNITY
Description
This superb commercial property is situated in the heart of Bishop Auckland, offering an impressive 295 square metres of versatile accommodation across three floors. The property is well-suited to a wide range of commercial uses, including retail, office-based, or mixed commercial operations. The accommodation is arranged over three floors, featuring a prominent shop frontage, office space, kitchen, cloakroom, and storage areas. The property has a prime location on Newgate Street, one of the town's busiest commercial areas, and has previously been let to Heron Foods, generating rental income until December 2025. The property also has a further rental payment due in September before the lease is surrendered. With a rateable value of £16,500 and an energy performance rating of E, this property presents a fantastic opportunity for investors, business owners, or developers.