Summary - 160, NEWGATE STREET DL14 7EJ
1 bed 1 bath Commercial Property
**Standout Features:**
- Size: Approximately 60 sqm (645 sq ft)
- Current tenant: Successful cafe/restaurant with annual rental income of £5,000
- Prime location on Newgate Street, a busy high street
- Access to major public transport routes (train station, bus services)
- Includes retail/seating area, preparation room, kitchen, storage, and WC
- Rear yard with gated access
- Freehold tenure
**Potential Downsides:**
- High crime rate in the local area
- Property condition and need for potential renovations are not specified
Discover the perfect investment opportunity in this thriving commercial property located on Newgate Street, Bishop Auckland. Currently operating as a successful cafe/restaurant, this well-positioned space boasts a generous 60 sqm layout that includes a vibrant retail/seating area, kitchen, and functional preparation rooms. Situated in a bustling high street full of popular amenities and varied businesses, it enjoys substantial foot traffic and easy accessibility via public transport routes, making it an attractive choice for entrepreneurs and investors alike.
The property's freehold status adds to its allure, while a private yard at the rear could provide potential for expansions or additional functionality. Although the local area faces some challenges, high rental income and a prime location mean this property could serve as a solid foundation for continued growth. Don’t miss this opportunity to own a slice of Bishop Auckland’s dynamic commercial landscape—properties like this, with such potential, are rare on the market!
Commercial property for sale in Newgate Street, Bishop Auckland, DL14 — £260,000 • 1 bed • 1 bath • 3323 ft²
Commercial property for sale in Newgate Street, Bishop Auckland, DL14 — £100,000 • 2 bed • 1 bath • 2200 ft²
Commercial property for sale in Newgate Street, Bishop Auckland, DL14 — £62,000 • 1 bed • 1 bath • 490 ft²
Commercial property for sale in Tenters Street, Bishop Auckland, DL14 7AB, DL14 — £160,000 • 1 bed • 1 bath • 1000 ft²
Property for sale in Fore Bondgate, Bishop Auckland, Durham, DL14 — £175,000 • 1 bed • 1 bath
Commercial property for sale in Cockton Hill Road, Bishop Auckland, DL14 — £150,000 • 3 bed • 1 bath
