Summary - 19, MARKET PLACE DL12 8NE
8 bed 8 bath Commercial Property
Part-completed Grade II listed hotel conversion with car park and full planning consent..
Eight en-suite bedrooms planned under approved full planning and listed consent
Part-completed conversion — further works and fit-out required to trade
Grade II listed — repairs and changes subject to heritage constraints
Enclosed gated off-street car park — valuable town-centre asset
Solid stone walls likely uninsulated — thermal upgrades needed
Freehold sale at guide price £360,000 with mains gas heating present
Area classified as deprived with above-average crime — consider insurance/operational costs
Good road links and town-centre location, but broadband only average
A Grade II listed, three-storey Georgian former bank in Barnard Castle with full planning and listed consent to create an eight-bedroom boutique hotel. Works have started but the project is part-completed and requires a purchaser to finish fit-out and services to bring the scheme to trading condition. The building includes eight en-suite bedrooms, a breakfast/lounge area, food preparation and serving space, and an enclosed gated car park — rare for a town-centre conversion.
This freehold opportunity suits an investor or operator prepared to take a hands-on redevelopment role. The planning approvals (DM/20/00750/0/FPH and DM/20/00751/LB) remove a major consenting hurdle, but the listed status will require heritage-sensitive repairs and restrict some alterations. The solid sandstone/limestone walls are original and likely uninsulated, so thermal upgrades will need careful, listed-building–compliant solutions.
Location strengths include central Market Place position, good regional road links (A66/A1(M)), and nearby amenities and schools. Practical considerations: the area is classified as deprived with above-average crime, which may affect operating costs, insurance and lettings strategy. Mobile signal is excellent and broadband average.
Buyers should budget for remaining construction, listed-building specialist works, and energy-efficiency improvements; the building has gas-fired central heating (boiler and radiators) but no confirmed modern insulation. The property is offered at a guide price of £360,000 as a blank-canvas hospitality conversion with parking and notable historic character.
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