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SOLD: 11-15 Trafalgar Street, Consett, County Durham, DH8 5AP

Guide price £ 200,000

Key Features

  • Consett town centre
  • Excellent public transport and road connectivity
  • First & second floors: two self-contained suites (offices or conversion STP)
  • Freehold Commercial building
  • Freehold mixed commercial property combining retail and office/residential spaces
  • Ground floor: three retail units with prominent glazed façades
  • High-footfall location on Trafalgar Street
  • Vacant possession on completion—ideal for investors or owner-occupiers
A two-story commercial building with wooden cladding and large windows on the upper floor is located on Trafalgar Street, Consett. Several business signs are displayed, and the lower storefronts have their shutters down. Cars are parked along the street under an overcast sky. The commercial investment property was sold by Palace Auctions.
Street view of a two-story commercial investment property on Trafalgar Street, Consett, featuring multiple businesses like the Trafalgar Pub and Eatery and a Food Bank. The building has a curved wooden facade on the upper floor and colorful signage, with cars parked in front. This property was sold by Palace Auctions.
Street view of a red brick, two-story boxing and weights gym on Trafalgar Street, Consett, with a large advertisement above the entrance. The gym is situated on a narrow street with buildings and cars lining the sides. The cloudy sky overhead gives a greyish ambiance.
A street view shows a building with a sign for FFG Foundation and Table Top Sales on Trafalgar Street, Consett. Several cars are parked along the street, and a few pedestrians are visible in the background. This commercial investment property was sold by Palace Auctions.
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A two-story commercial building with wooden cladding and large windows on the upper floor is located on Trafalgar Street, Consett. Several business signs are displayed, and the lower storefronts have their shutters down. Cars are parked along the street under an overcast sky. The commercial investment property was sold by Palace Auctions.
Street view of a two-story commercial investment property on Trafalgar Street, Consett, featuring multiple businesses like the Trafalgar Pub and Eatery and a Food Bank. The building has a curved wooden facade on the upper floor and colorful signage, with cars parked in front. This property was sold by Palace Auctions.
Street view of a red brick, two-story boxing and weights gym on Trafalgar Street, Consett, with a large advertisement above the entrance. The gym is situated on a narrow street with buildings and cars lining the sides. The cloudy sky overhead gives a greyish ambiance.
A street view shows a building with a sign for FFG Foundation and Table Top Sales on Trafalgar Street, Consett. Several cars are parked along the street, and a few pedestrians are visible in the background. This commercial investment property was sold by Palace Auctions.
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Description

Key Takeaway: Sold by Palace Auctions’ Commercial Real Estate Department, this freehold mixed commercial property in Consett underlines our market-leading expertise in mid-range value mixed-use assets.

Auction Details

  • Auction House: Palace Auctions Commercial Real Estate Department
  • Guide Price: £180,000 + buyer’s premium
  • Sale Status: SOLD at guide price

Nestled in the heart of Consett, this freehold mixed commercial property in Consett offered a rare investment or business hub. Firstly, being within the County Durham market. Secondly, boasting three ground-floor retail units—each with modern glazed façades and open-plan layouts. Thirdly, the building capitalised on the town Centre’s steady footfall and thriving local trade. Fourthly, the fully fitted retail spaces attracted a diverse tenant mix, from independent boutiques to café operators, Most importantly, ensuring consistent rental income and strong revenue potential.

The Property 

In addition, above the retail level are two well-proportioned, self-contained suites across the first and second floors. These adaptable spaces currently serve as professional offices but easily convert to residential or studio accommodation (subject to planning), providing landlords with flexible options to reposition the asset in line with market demands. Each suite benefits from abundant natural light, dedicated entry points, and separate utility meters, enhancing operational efficiency and tenant appeal.

Location 

Moreover, the property’s central location underscores the growing demand for mixed-use property developments in the North East. Recent market analysis highlights a surge in mid-range value mixed commercial properties in Consett, driven by a shift towards community-focused town centres and adaptive reuse of high-street assets. With gross yields in the region surpassing 12% on similar freehold investments, 11-15 Trafalgar Street delivered an attractive combination of income stability and capital growth prospects.

Commercial property auctions 

Palace Auctions’ Commercial Real Estate Department orchestrated a targeted marketing strategy encompassing global online promotion, private viewings, and a live-bidding auction format. This approach maximised exposure across our extensive buyer network, culminating in a competitive bid process and a successful sale at guide price. The end-to-end service—spanning professional valuations, bespoke photography, comprehensive legal pack preparation, and technical due diligence—demonstrates our commitment to seamless transactions and exceptional client outcomes.

Consett is a historic former steel town undergoing regeneration, with significant private and public investment boosting retail and leisure offerings. The town centre benefits from nearby Consett Retail Park and Greenwell Road Retail Area—featuring national brands, a cinema, fitness centre, and family dining options. Major employers such as NXT and Orbital House further support local demand for versatile commercial real estate.

Transport connectivity enhances the asset’s appeal. Consett Bus Station is a short walk away, providing frequent services across County Durham, while Consett Railway Station on Northern Rail’s Tyne Valley line offers direct links to Durham and Carlisle. Road access via the A691 ensures seamless travel to Durham (8 miles), Newcastle (17 miles), and the A1(M) corridor, catering to both commuting occupiers and logistics operators alike.

Buyers were drawn to the property’s blend of traditional high-street charm and modern amenities, reflecting evolving market preferences for experiential retail and mixed-use schemes. The sale of 11-15 Trafalgar Street exemplifies our expertise in unlocking value from mid-range mixed commercial assets, leveraging market knowledge and auction techniques to deliver market-leading results.

Location & Connectivity

  • Address: 11-15 Trafalgar Street, Consett, County Durham, DH8 5AP
  • Bus: 0.2 miles to Consett Bus Station (Stagecoach)
  • Rail: 0.8 miles to Consett Railway Station (Northern Rail)
  • Retail Parks: Consett Retail Park & Greenwell Road
  • Road Links: A691 to Durham and Newcastle

Additional Information

Are you Looking to buy or sell a mixed commercial property in County Durham?
Contact our Commercial Real Estate Department for expert guidance and a complimentary valuation.

 

Planning History:

The building has previously benefited from consent for residential conversion. Dated 7th January 2015. Under Ref Number DM/14/03874/FPA.

 

Get in touch

Tom Barrett Palace Auctions Director Company Director/Sales Director

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Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

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