Mixed Use Property for Auction Consett DH8

The ground floor provides a commercial space which offers an immediate opportunity for occupation or letting. Based on its size and location, the ground floor is estimated to achieve rental income in the region of £10,000–£12,000 per annum. The upper floors offer significant potential for residential conversion. The property has previously benefited from planning approval for the conversion of the first and second floors into five self contained flats, whilst retaining the ground floor for commercial use. There has also been prior approval for the conversion of the first and second floors into a seven bedroom HMO, again retaining the ground floor commercial accommodation.