Substantial freehold mixed-use investment comprising a former takeaway and spacious two-bedroom flat, offered with full vacant possession.

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.

What it's likely to sell for

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

Energy rating

Auction House Online hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

Auction House Online's record

About the lot

Freehold mixed use lot in West Cornforth. Offered vacant, so there's no income from day one.

Lot 81. Substantial freehold mixed-use investment comprising a former takeaway and spacious two-bedroom flat, offered with full vacant possession. Mixed-Use Investment Opportunity – Former Takeaway Premises with Self-Contained Two Bedroom Flat – Fully Vacant An excellent opportunity to acquire a substantial freehold mixed-use property extending to approximately 114 sq. m (1,227 sq. ft.), prominently positioned on the High Street in West Cornforth. Offered with full vacant possession, the property comprises a former takeaway/commercial unit to the ground floor together with a spacious self-contained two-bedroom flat above, presenting excellent potential for owner occupiers, investors or those looking to reconfigure or enhance the existing accommodation (subject to any necessary consents). EPC ordered. The ground floor offers a large retail frontage leading into the former takeaway premises, with a spacious customer area, commercial kitchen/preparation room, additional storage areas, WC facilities and a rear yard with useful outbuilding. The layout provides flexibility for a variety of commercial uses or potential alternative uses, subject to the necessary permissions. The first-floor apartment benefits from its own independent access and briefly comprises a generous open-plan lounge/kitchen, two well-proportioned double bedrooms and a modern shower room. The flat has been refurbished in recent years and is ready for immediate occupation or letting. Externally, the property enjoys an enclosed rear yard with an additional outbuilding and separate WC, offering useful storage and servicing space. This is a rare opportunity to acquire a fully vacant mixed-use building with immediate income-generating potential or scope for redevelopment, located within an established village centre with good transport links to Ferryhill, Spennymoor and the A1(M). Tenure: Freehold EPC Rating: ordered <div class="row no-margin