**Standout Features:**
- **Three-story property** with ground floor retail unit and two-bedroom flat above
- **Prominent location** in the bustling town center of Bishop Auckland
- **Existing tenant** in ground floor commercial space
- Recently renovated with **double glazing** and gas heating
- **Affordable price** at £125,000 with very low council tax rates
- **Strong rental potential** for flat, ideal for holiday lets or long-term leasing
- Close proximity to local amenities, schools, and transport links
**Potential Concerns:**
- Very high crime rate in the area
- Solid brick walls with no insulation, potentially increasing heating costs
- Deprived area status that may affect future value
**Summary:**
Seize a remarkable investment opportunity with this three-story property located in the heart of Bishop Auckland. This distinctive building features a ground floor retail unit with an existing tenant, complemented by a two-bedroom flat above, perfect for generating additional rental income. The flat offers a comfortable living space complete with a living room, kitchen, and utility room.
Situated among various thriving businesses and close to essential amenities, including schools and transport links, this property not only boasts significant potential for financial return but also captures the essence of urban living. While the area has a very high crime rate and the brick structure lacks insulation, the property still offers an appealing freehold investment surrounded by historical charm and local attractions. Don’t miss out on this unique blend of commercial and residential potential!
Commercial property for sale in Newgate Street, Bishop Auckland, DL14 — £100,000 • 2 bed • 1 bath • 2200 ft²
Commercial property for sale in North Bondgate, Bishop Auckland, DL14 — £125,000 • 2 bed • 1 bath
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
Commercial property for sale in Newgate Street, Bishop Auckland, DL14 — £62,000 • 1 bed • 1 bath • 490 ft²
Commercial property for sale in Newgate Street, Bishop Auckland, DL14 — £260,000 • 1 bed • 1 bath • 3323 ft²


















































