Retail premises for sale

Granville Terrace, Wheatley Hill, Durham DH6

Summary

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.

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

We await a copy of the energy performance certificate.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . 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.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.