Written by Joanne Townsend
Joanne Townsend
Joanne completed a Journalism degree in 2012 before working for a number of marketing companies in the roles of a copywriter, moderator and PR assistant.
Edited by Ruban Selvanayagam
Ruban Selvanayagam
Ruban Selvanayagam is a professional cash homebuyer, private rented sector landlord, auction specialist, blogger and media commentator.
We have selected a range of commercial properties available for £100,000 or under throughout the UK in October 2024.
This derelict former retail store presents an exciting development opportunity, currently holding planning permission for the demolition of the existing unit. The approved plan includes the construction of a new building featuring a retail unit (Class E) on the ground floor and one residential flat on the upper floors.
Given its location and existing permissions, the site may also be suitable for alternative residential development, subject to obtaining the necessary consent. This flexibility allows for various possibilities to capitalise on the property’s potential in a growing market. Investors and developers should consider this unique chance to create a mixed-use space in Lanchester. This site can be transformed into a valuable asset, meeting demand for both retail and residential spaces.
The lot will be brought to auction by Auction House North East on 29th October 2024 with a Guide Price of £30,000.
The lot will be brought to by Town & Country Property Auctions on 31st October 2024 with an Opening Bid of £1,000.
Town & Country Property Auctions will bring the lot to auction on the 31st of October 2024 with a Guide Price of £28,000.
This substantial mixed-use property is conveniently located near the town centre of Cumbria, offering an excellent investment opportunity. The building features a large shop unit on the ground floor, previously operated as a hardware store, which can accommodate a variety of retail uses, subject to planning permissions.
Additionally, the lower ground floor provides ample storage and workshop space, enhancing the property’s functionality. The upper floors are currently used as self-catering holiday accommodation, presenting the potential for further development. With its prime location and versatile layout, this property can cater to diverse business ventures or residential needs. Overall, this mixed-use property combines commercial and residential elements, making it a promising investment in a thriving area with plenty of growth potential.
The lot will be brought to auction by Auction House Cumbria on 24th October 2024 with a Guide Price of £50,000.
This spacious two-storey commercial premises comes with the added benefit of two garages and a yard area, making it a versatile option for either residential or commercial use, subject to the usual consents. Located to the east of Accrington Centre, the property is surrounded by a range of local amenities, all within a short drive.
The property enjoys excellent transport links, with Accrington Rail Networks, the M65 Motorway, and the Accrington Bypass nearby, ensuring easy access to surrounding areas. This prime location, combined with the property’s generous space and multiple usage options, presents a great opportunity for investors or developers looking to make their mark in a thriving community.
The lot will be brought to auction by Auction Agent on 29th October 2024 with an Opening Bid of £90,000.
This spacious end-terraced property is situated among similar commercial and mixed-use buildings. The expansive three-storey accommodation, including a basement, spans three units, offering significant development potential, subject to obtaining the necessary consents. Currently, the ground floor operates as a second-hand shop, while the first floor remains unused.
The property requires a scheme of improvement and presents opportunities for various office or retail uses, or potential conversion to residential space. Conveniently located in the heart of Accrington, it is close to local amenities and public transport, with Accrington train station just a short walk away. This property, positioned just off Abbey Street, is ripe for investment and redevelopment.
The property will be brought to auction by Auction Agent on 29th October 2024 with an Opening Bid of £90,000.
This two-storey mixed-use building features a flat on the upper level and commercial premises on the ground floor. Located on Clough Road, near the junctions of Cottingham Road and Beverley Road, the property is near Hull University. This strategic location presents a unique opportunity for conversion into student accommodation, subject to planning approval.
Previously used as a car sales business on the ground floor, the building retains flexibility for various commercial uses. The upper flat offers potential for residential living, catering to a variety of tenants. With its advantageous location in Rothesay, this property is ripe for redevelopment or investment. It provides an excellent opportunity for savvy investors looking to capitalise on the demand for student housing and commercial space in this bustling area.
The lot will be brought to auction by Pearson Ferrier Auctions on 29th October 2024 with a Guide Price of £65,000.
This prime freehold investment property is located in the heart of the town centre in Workington and comprises three self-contained units, including one shop and a maisonette, generating an immediate annual income of £10,200. Additionally, an adjoining three-storey property is available for redevelopment.
One of the properties is a vacant shop property with two upper floors, currently stripped out and ready for redevelopment. The second property is a tenanted shop producing £450 per month. The third unit offers a maisonette let at £400 per month. With a first floor that features a living room, and a dining kitchen and a second floor that includes a bedroom and a bathroom. This property presents an excellent investment opportunity with significant potential for further development.
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