Yoden Way, Peterlee, County Durham, SR8
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
- USE CLASSUse class orders: A1 Shops and Class E
A1, E
Description
This is a fantastic opportunity to acquire a tenanted retail property in the heart of Peterlee town centre. Currently occupied by a long-standing tenant of 7-8 years, the unit generates a consistent rental income of £850 per calendar month (£10,200 per annum), making it an attractive hands-off investment.
Property Details
Location: Prominent position on Yoden Way, within Peterlee's main retail and commercial district
Tenant: Reliable occupant trading successfully for several years
Income: £850 PCM / £10,200 per annum
Use Class: Suitable for a range of retail and commercial purposes
Condition: Well-presented premises, maintained to a good standard
Investment Highlights
Long-term tenant in situ - secure, immediate income stream
Prominent high street location with strong visibility and footfall
Surrounded by national and independent retailers, banks, cafés, and service businesses
Strong rental yield of 7.56% at asking price
Hassle-free investment in a busy North East town
About the Local Area
Peterlee is a well-established town in County Durham, home to approximately 20,000 residents. It benefits from a strong local economy, with key employers in the manufacturing, engineering, and logistics sectors. The area also enjoys proximity to large industrial estates such as North West Industrial Estate and South West Industrial Estate, attracting both regional and national businesses.
The town centre provides a wide range of amenities including Castle Dene Shopping Centre, supermarkets, restaurants, and essential services. This ensures consistent footfall and demand for local retail premises.
Transport Links
Easy access to the A19, providing direct routes north to Sunderland (approx. 13 miles) and south to Teesside (approx. 20 miles).
Nearby railway stations at Horden and Seaham, linking to Durham, Newcastle, and beyond.
Strong local bus network connecting Peterlee to surrounding towns and villages.
Yoden Way, Peterlee, County Durham, SR8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Horden Station1.1 miles
Notes
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