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10-12 High St 1,227 SF Retail Building Ferryhill DL17 9HR $135,113 ($110.12/SF)



Investment Highlights
- Prominent High Street location
- Potential for alternative uses or redevelopment (subject to consents)
- Refurbished apartment accommodation
Executive Summary
A rare opportunity to acquire a fully vacant freehold mixed-use property in the centre of West Cornforth. The property extends to approximately 114 sq m (1,227 sq ft) and comprises a former takeaway/commercial premises at ground floor level together with a self-contained two-bedroom apartment above. The retail unit benefits from a prominent High Street frontage, customer seating area, commercial kitchen, storage areas, WC facilities and rear service yard. The first-floor flat has independent access and has been refurbished in recent years, providing immediate occupation or letting potential. The asset offers flexibility for a range of commercial, residential or mixed-use strategies, subject to obtaining any necessary consents.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,227 SF
Building Class
C
Year Built
1950
Price
$135,113
Price Per SF
$110.12
Tenancy
Single
Building Height
2 Stories
Building FAR
1.41
Lot Size
0.02 AC
Frontage
22’ on High Street
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10-12 High St
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