Summary - Ruths Hairdressers,11 West Road,STANLEY,DH9 7XA DH9 7XA
1 bed 1 bath Mixed Use
Vacant mixed-use investment with retail frontage and three residential units, auction sale.
Ground-floor retail unit with excellent passing trade
A prominent mixed-use building on West Road, Annfield Plain, offered with vacant possession and substantial scope for income. The ground-floor retail unit benefits from excellent passing trade and a rear yard suitable for parking — a clear strength for a future tenant or owner-occupier. Upstairs provides a two-bedroom flat plus two bedsits, making the upper floors flexible for letting or owner use.
The property is offered for sale by auction with a guide price of £90,000. It was previously let for approximately £14,400 per annum, so an investor can assess re-letting potential quickly; alternatively, an owner-occupier can combine commercial frontage with on-site accommodation. The building’s stone/brick period façade and Georgian/Victorian character give curb appeal but may require sympathetic updating inside.
Material considerations: the area is classified as deprived with a higher local crime rate and ageing industrious-worker demographics; this affects renter profiles and rental values. The property has an EPC in the D/E band and will likely need some refurbishment and modernisation to reach higher rental or sale values. Sale is subject to auction terms, a buyer’s premium and reserve price, so allow for additional purchase costs and auction conditions.
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