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Auction House UK · 3 Nov 2026 · in 15 days

Mixed-Use Investment Opportunity Near Richmond Market Place – Shop/Office & 3-Bedroom Flat

4 & 4a Frenchgate, Richmond DL10 4JG · North East

LiveMixed-use

Mixed-Use Investment Opportunity Near Richmond Market Place – Shop/Office & 3-Bedroom Flat
Guide
£140,000
Rent a year
≈£3,800est.
Yield on the guide
≈2.7%est.
Payback
≈37 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
C
Size
217 sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G

C from the government EPC register, lodged 7 Feb 2024 (certificate 6467-1355-6369-8981-4943). Meets today's minimum for letting commercial property in England and Wales (E or better).

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Auction House UK's record

Auction House UK's results: included with access, £49 a month. Start with a free account.

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About the lot

Mixed use lot in Richmond.

Lot -, 3 Bed Mixed Use. Mixed-Use Investment Opportunity Near Richmond Market Place – Shop/Office & 3-Bedroom Flat: A Mixed-Use Investment Property just off Richmond Market Place, a thriving market town and popular tourist destination. To the Ground floor, is a 217 sq ft (20.16 sq m) shop/office, currently let on a lease of £400pcm, until April 2027. We are reliably informed that the lease will not be renewed. A separate courtyard entrance leads to a two floor, large 3-bedroom flat, currently vacant and requiring a scheme of refurbishment. Accommodation comprises: Kitchen, Bathroom, 2 x Bedrooms to the First Floor. The Second Floor provides Lounge, 1 x Bedroom. Following refurbishment, the property would present at strong yield opportunity as a private rental, or as a holiday let for the tourism market. We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (3rd November), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 14 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on 01642 843965. Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed ID checks have been received at teesvalley@auctionhouse.co.uk. for any further assistance, please do not hesitate to contact us in the office. EPC: 4 Frenchgate EPC D 4A Frenchgate EPC E. Tenure: See Legal Pack. Auctioneers Notes: Property construction – Standard Electricity supply – Mains Water supply – Mains Sewerage – Mains Heating – Gas Broadband - Standard Speed – 17 mbps Mobile signal / coverage –O2 - Very Good /EE - Very Good/Vodafone - Good/Three – Good Parking – On Street Building Safety – See Legal Pack- Restrictions – Yes –See Legal Pack Rights and easements - See Legal Pack Flood risk – Low Coastal erosion – Very Low Planning permission – See Legal Pack Accessibility / adaptions – See Legal Pack Coalfield or mining area - See Legal Pack. Solicitors: Waterstone Partnership Solicitors, 61 Duckworth Lane, Ref: Waterstone Partnership Solicitors, Tel: 01274 652555

Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.