Retail in DH9

North Road, Stanley, Durham, DH9 8LD

Brochure

Tenure: Freehold

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Starting bid£79,000

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Key Information

Parking: None

Property features

Two ground-floor commercial units
Separate entrance to each commercial unit
WC and kitchen facilities
Self-contained two-bedroom flat above
Separate entrance to residential accommodation
Two-bedroom flat currently tenanted
Mixed-use investment opportunity
Suitable for owner-occupiers, investors or landlords
Prominent position on North Road, Stanley
Potential for multiple income streams

Retail in DH9

*****Sold Via On Line Auction*****

Commercial Investment / Mixed-Use Property

An excellent opportunity to acquire a mixed-use commercial and residential property prominently situated on North Road in Stanley.

The property comprises three separate ground-floor commercial units, each benefiting from its own independent entrance, together with WC and kitchen facilities. The flexible layout provides scope for a variety of commercial uses, subject to any necessary planning consents.

To the first floor is a self-contained two-bedroom residential flat, accessed via its own separate entrance. The flat is currently Tenanted, providing an existing residential rental income.

The ground floor offers three individual commercial spaces, each with its own entrance and associated WC/kitchen facilities. The units provide flexibility for a range of businesses and could appeal to both existing operators and investors seeking multiple commercial income streams.

The first-floor accommodation comprises a two-bedroom flat, which is separately accessed and currently occupied by a tenant. This provides the property with an additional residential income stream alongside the commercial accommodation.

The combination of two commercial units and a separately accessed tenanted residential flat makes this an attractive proposition for investors looking to acquire a diversified mixed-use property.

The property is situated on North Road in Stanley, County Durham, within an established mixed commercial and residential area. Stanley provides a range of local amenities, shops, services and transport links, with good access to surrounding towns and the wider County Durham and North East region.

This property offers the potential to generate income from **multiple separately accessed commercial units together with an existing tenanted two-bedroom flat.

Viewings are recommended to appreciate the layout and potential of the property.

Location

The property is situated on North Road in Stanley, County Durham, within an established mixed commercial and residential area. Stanley provides a range of local amenities, shops, services and transport links, with good access to surrounding towns and the wider County Durham and North East region.

Tenure

Freehold. Title number DU253706.

Rateable value

Current rateable value for 1B is £2,475 (April 2026 to present). Current rateable value for 1C and D is £2,275 (April 2026 to present). Sourced from VOA.

Council tax

Council tax band A for 1A.

EPC

Available upon request.

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial.ne@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Open map Street view

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5%, subject to a minimum £4000 which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 2.5%+ VAT to a minimum of £3,000 + VAT (£3,600 inc VAT) This does not form part of the purchase price.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information, call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

The legal pack is not yet available. The auction will not end until the legal pack has been made available here for at least 24 hours.

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