Retail in NE46

St. Lukes Road, Hexham, Northumberland, NE46 2BB

Brochure

Tenure: Freehold

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Starting bid£175,000

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Key Information

EPC rating: C
Parking: Allocated

Property features

3 Bedroom Maisonette and Tenanted Commercial
Excellent Investment Opportunity
Circa Potential Yearly Income of £20,000
Close to Local Amenities
EPC - A and C

Retail in NE46

To Be Sold Via Online Auction, Fees Apply.

RETAIL/RESIDENTIAL FOR SALE.

A rare and exciting investment opportunity to acquire this fully renovated mixed-use property, comprising a ground floor commercial unit and a spacious three-bedroom, two-storey maisonette above.

The commercial unit has operated as a successful serviced laundry and dry cleaning business for circa 15 years generating a reliable rental income per calendar month. The entire commercial aspect has been recently upgraded to a high standard, ensuring both modern presentation and peace of mind.

The well-proportioned maisonette is offered with vacant possession, presenting an excellent opportunity for owner-occupation or additional rental income. Accessed via ground level with parking, the accommodation briefly comprises a generous entrance hall, a large kitchen diner ideal for modern living, and a bright and spacious living room. To the first floor, there are three good-sized bedrooms and a family bathroom as well as ample storage throughout. Additionally, there is also a lock up garage with the premises at the rear. The property also has stunning views overlooking beautiful surrounding countryside.

Further benefits include recent capital improvements such as a new roof, new windows, and a new boiler, reducing immediate maintenance costs for any prospective purchaser.

Externally, the property offers convenient parking.

With a potential combined rental income of approximately £1,600 per calendar month, this property represents an ideal purchase for investors seeking a strong, ready-made return, or those looking for a mixed-use opportunity with future growth potential.

Hexham is a highly sought-after market town, rich in character and surrounded by beautiful Northumberland countryside, offering a perfect balance of charm and convenience. The area boasts excellent local amenities including independent shops, cafés, well-regarded schools, and superb transport links, making it ideal for both families and professionals alike.

Early viewing is highly recommended to fully appreciate what this versatile property has to offer.

Location

Hexham is a highly sought-after market town, rich in character and surrounded by beautiful Northumberland countryside, offering a perfect balance of charm and convenience. The area boasts excellent local amenities including independent shops, cafés, well-regarded schools, and superb transport links, making it ideal for both families and professionals alike.

Tenure

Freehold. Title number ND61498.

EPC

12 St Lukes Road (commercial)- Available upon request (rating A). 12A St Lukes Road(residential)-Available upon request (rating C).

Rateable Value

The current rateable value for the commercial is £6,000 (1st April 2026 to present). Sourced from VOA. The maisonette is registered under council tax Band A.

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via email 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

Please log in to view and download the legal pack files.

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