Summary - Silver Street, Durham, DH1 DH1 3RB
1 bed 1 bath Shop
**Standout Features:**
- **Size**: Spacious 2,906 sq. ft. commercial property.
- **Location**: Prime spot on Silver Street, central Durham, high footfall area.
- **Potential**: Suitable for alternative uses, including residential, with planning permission.
- **Character**: Historic Edwardian/Victorian features, large windows, and a charming façade.
- **Accessibility**: Within walking distance to Durham Train Station and various bus stops.
- **Local Amenities**: Surrounded by a diverse mix of shops, restaurants, and cultural attractions.
**Concerns:**
- **Condition**: Requires renovation for conversion to residential.
- **Adverse Factors**: High local crime rate may be a consideration for some buyers.
- **Heating**: Currently using electric room heaters, may require upgrade.
This exceptional commercial property boasts a generous 2,906 sq. ft. and is strategically positioned on bustling Silver Street, making it a lucrative opportunity for investors and visionary buyers alike. With the possibility for residential conversion, subject to planning permission, this property offers tremendous potential for future flexibility and use.
Its striking Edwardian and Victorian design, coupled with ample natural light from large windows, enhances its curb appeal and invites exploration of its spacious interior, which currently features multiple rooms that can be repurposed. Enjoy living or operating in a vibrant, cosmopolitan neighborhood complete with eateries, retail options, and cultural landmarks, including the iconic Durham Cathedral and Castle. This historic city is a thriving hub for students, ensuring a steady stream of potential tenants or customers.
While the property does require some renovation and currently faces a higher crime rate typical of city centers, its prominent location and unique character present a standout opportunity poised to attract the right buyer. Act fast to capitalize on this rare offering in a market that’s as exclusive as it is promising.
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