Auction House Online · 3 Nov 2026 · in 15 days
Commercial property requiring renovation, offered with vacant possession and excellent development potential (subject to any necessary consents).
number 9. John Street Square, Consett, County Durham, DH8 5AR · North East
LiveIndustrialVacant
- Guide
- £5,000
- Rent a year
- ≈£500est.
- Yield on the guide
- ≈9.7%est.
- Payback
- ≈10 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
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.
Create an accountWhat 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.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C as stated in the lot details. Check the certificate in the legal pack. Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 16 Oct 2026.
Auction House Online's record
Auction House Online's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Industrial lot in Consett. Offered vacant, so there's no income from day one.
Lot -. Commercial property requiring renovation, offered with vacant possession and excellent development potential (subject to any necessary consents). Offered to the market with vacant possession, this commercial property presents an excellent opportunity for investors, developers and owner-occupiers seeking a renovation project with scope to add value. Positioned within Consett town centre, the property requires a full programme of refurbishment but offers excellent potential for a variety of future uses, subject to obtaining any necessary planning consents. The accommodation briefly comprises a front commercial sales area with large display window, providing a bright retail or office space. To the rear is a kitchen area with access to a useful store room and separate WC. The first floor offers two generously sized rooms, previously utilised as ancillary accommodation, lending themselves to office space, storage or further redevelopment (subject to the necessary permissions). Externally, the property benefits from an enclosed rear yard with rear access. The building is in need of comprehensive modernisation throughout, making it an ideal project for those looking to refurbish and repurpose a character property in a central location. The property is offered with vacant possession, allowing immediate access upon completion. A versatile investment opportunity with significant scope for improvement and future income potential. Tenure: See Legal Pack EPC Rating: C <div class="row no-margin
Figures come from Auction House Online'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.