Guide price
£79,000
(£51.33/sq. ft)
Retail premises for saleNorth Road, Catchgate, Stanley DH9
1,539 sq. ft
About this property
Two ground-floor commercial units
Separate entrance to each commercial unit
WC and kitchen facilities
Self-contained two-bedroom flat above
Separate entrance to residential accommodation
Two-bedroom flat currently tenanted
Mixed-use investment opportunity
Suitable for owner-occupiers, investors or landlords
Prominent position on North Road, Stanley
Potential for multiple income streams
*****Sold Via On Line Auction*****
Commercial Investment / Mixed-Use Property
An excellent opportunity to acquire a mixed-use commercial and residential property prominently situated on North Road in Stanley.
The property comprises three separate ground-floor commercial units, each benefiting from its own independent entrance, together with WC and kitchen facilities. The flexible layout provides scope for a variety of commercial uses, subject to any necessary planning consents.
To the first floor is a self-contained two-bedroom residential flat, accessed via its own separate entrance. The flat is currently Tenanted, providing an existing residential rental income.
The ground floor offers three individual commercial spaces, each with its own entrance and associated WC/kitchen facilities. The units provide flexibility for a range of businesses and could appeal to both existing operators and investors seeking multiple commercial income streams.
The first-floor accommodation comprises a two-bedroom flat, which is separately accessed and currently occupied by a tenant. This provides the property with an additional residential income stream alongside the commercial accommodation.
The combination of two commercial units and a separately accessed tenanted residential flat makes this an attractive proposition for investors looking to acquire a diversified mixed-use property.
The property is situated on North Road in Stanley, County Durham, within an established mixed commercial and residential area. Stanley provides a range of local amenities, shops, services and transport links, with good access to surrounding towns and the wider County Durham and North East region.
This property offers the potential to generate income from **multiple separately accessed commercial units together with an existing tenanted two-bedroom flat.
Viewings are recommended to appreciate the layout and potential of the property.
Location
The property is situated on North Road in Stanley, County Durham, within an established mixed commercial and residential area. Stanley provides a range of local amenities, shops, services and transport links, with good access to surrounding towns and the wider County Durham and North East region.
Tenure
Freehold. Title number DU253706.
Rateable Value
Current rateable value for 1B is 2,475 (April 2026 to present).
Current rateable value for 1C and D is 2,275 (April 2026 to present).
Sourced from voa.
Council Tax
Council tax band A for 1A.
EPC
Available upon request.
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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