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Property
Church Court, Main Road, Eldon Lane, Bishop Auckland DL14
£250,000
Church Court, Main Road, Eldon Lane, Bishop Auckland DL14
£250,000
Our Summary
- The site provides potential to develop further for either commercial or residential purposes with the appropriate planning permission
Description
This unique mixed-use property compound in Eldon, approximately 1.5 miles from Bishop Auckland and 1 mile from Shildon, offers a rare opportunity for development. The site currently features three commercial units, each generating £1000 per month in rental income, and surrounding grounds used for caravan storage with additional fee-paying tenants. With the potential for further development with the right planning permission, the site could be repurposed for either commercial or residential use. The property benefits from a convenient location with easy access to local amenities, public transport, and major road networks, making it an attractive investment opportunity.