Retail in DH6
Granville Terrace, Wheatley Hill, Durham, Durham, DH6 3JQ
Online auction
- No chain
- Freehold Title
- Suitable for a Variety of Uses
- Excellent Transport Links
- Close to Local Amenities
- Potential Rent £950pcm
Retail in DH6
Retail Commercial Property for Sale – Prime High Street Location
An excellent opportunity to acquire a well-presented retail commercial property with potential for mixed-use development. Ideally located in the busy centre of Wheatley Hill, Durham, this property represents a fantastic investment opportunity for discerning buyers.
The ground floor comprises a front-facing retail unit that is ready to trade and well fitted out. The premises are suitable for a wide range of retail businesses and were most recently used as an optician’s practice. To the rear of the ground floor there is a kitchenette and WC.
The ground-floor retail premises have an estimated rental potential of approximately £500 per calendar month.
The first floor offers excellent potential for residential conversion (subject to the necessary planning permissions). This space could be converted into a one- or two-bedroom flat, or alternatively used for additional storage.
Externally, the property benefits from a secure enclosed rear courtyard.
Further enhancing its appeal, the property occupies a prominent High Street position with strong and consistent footfall, making it highly attractive for retail use.
Situated in Wheatley Hill, a well-established community within County Durham, the area benefits from a thriving local population and convenient access to nearby towns. Durham itself is a historic city with a growing economy, adding to the long-term investment potential.
This property is ideal for investors seeking a solid commercial investment or buyers looking to expand their business portfolio.
Viewing is highly recommended to fully appreciate the potential this property offers.
For further information or to arrange a viewing, please contact Pattinson Estate Agents.
Summary
- Property Type: Retail
- Tenure: Freehold
- Parking: On Street
Rateable Value
The adopted rateable values from 1 April 2026 - £2,450. Sourced from VOA
Location
The subject premises lies on Granville Terrace, Wheatley Hill. The B1279 which is main road in and out of Wheatley Hill. The premises lies 16.3 miles South West of Sunderland City Centre and 19.5 miles North of Middlesbrough Town Centre.
Tenure
Title number DU264099 - Freehold
Accommodation
Ground floor Retail unit:
Front retail room - 140 sq ft
Rear retail room - 100 sq ft
Back staff area -105 sq ft
W/c - 22 sq ft
Hallway 1 - 37 sq ft
Hallway 2 - 36 sq ft
Upper floor:
Rear room - 104 sq ft
Middle Room - 116 sq ft
Front Room - 182 sq ft
Landing - 67 sq ft
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@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.
This property is being sold subject to unconditional reservation fee auction terms and conditions.
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% 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 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
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
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