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2 Cambridge St 6,368 SF Retail Building Spennymoor DL16 6DF $466,337 ($73.23/SF)

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INVESTMENT HIGHLIGHTS

  • Kitchen
  • Signage
  • WC facilities

EXECUTIVE SUMMARY

The original building is a three-storey structure plus basement, with several single-storey extensions. The property is of traditional brick, block, and stone construction, all under multiple pitched slate tile roofs.
Internally, the ground and first floors have primarily been used as showroom and retail space, while the second floor has served as an office and meeting room. Kitchen and WC facilities are located on the ground floor.
Although most of the plot is developed and the property does not currently offer private parking, there is on-street parking available and a 122-space Durham County Council car park directly opposite, both of which are free to use.
The property offers redevelopment potential. Part of the building could be cleared to provide private parking and / or loading areas to meet the requirements of an owner-occupier or tenant. Additionally, the property could be subdivided to create a multi-let retail or mixed-use block. Of course, all subject to planning approval.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Building Size
6,368 SF
Building Class
C
Year Built
1960
Price
$466,337
Price Per SF
$73.23
Tenancy
Single
Building Height
4 Stories
Building FAR
0.99
Lot Size
0.15 AC

AMENITIES

  • 24 Hour Access
  • Signage

NEARBY MAJOR RETAILERS

ASDA
Iceland
Slug & Lettuce Company
  • Listing ID: 36165640

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 2 Cambridge St, Spennymoor DL16 6DF

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