Commercial Property in Richmond, North Yorkshire available for sale
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Commercial Property for Sale near the Richmond, UK

Explore the Latest Richmond, North Yorkshire Commercial Property for Sale

Commercial Properties for Sale Within 10 miles of the Richmond, UK

More details for Heatherdene Rd, Catterick Garrison - Land for Sale

Land North of Heatherdene - Heatherdene Rd

Catterick Garrison, DL9 4SZ

  • Land for Sale
  • 6.47 ac Plot

Catterick Garrison Land for Sale - Richmondshire

Secure a piece of development land in the Richmond, North Yorkshire market, as the local area continues to ramp up development to match the rising demand driven by the military sector. This property spans approximately 6.47 acres (2.62 hectares) and is surrounded by the residential Annington estate, a major housing development for military families. The irregularly shaped tract boasts comprehensive frontage on the north side of Heatherdene Road to maximise resident exposure, making this ideal for amenity projects. Heatherdene Road runs directly to Catterick Road (A6136), placing this site right off the Catterick Garrison area’s primary east-west thoroughfare. It is less than 10 minutes to the centre of Richmond and the A1(M) for efficient communications. More locally, the tract is under a mile from Catterick Garrison town centre, where improvements, like the Princes Gate Shopping Park, are rapidly populating as the Catterick Garrison base is undergoing a market-shaping transformation. Catterick Garrison is already the largest British Army base in the world, and plans were announced in 2016 for a new phase to become a “super-garrison” upon completion in 2032. This phase will make the Garrison the third-largest settlement in North Yorkshire. Every serviceman and woman has 2.1 dependents on average, and the spending power of all the salaries of those based at the Garrison with their dependents will amount to almost £500 million a year after the expansion.

Contact:

Richmond Management (Northern) Ltd

Property Subtype:

Commercial

Date on Market:

02/10/2025

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More details for Montalbo Rd, Barnard Castle - Industrial for Sale

Montalbo Rd

Barnard Castle, DL12 8ED

  • Industrial for Sale
  • £850,000
  • 15,624 sq ft
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FAQs about Commercial Properties For Sale in Richmond, North Yorkshire

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How many Commercial Property listings are available for sale in Richmond, North Yorkshire?
There are currently 1 Commercial Properties available for sale near Richmond, North Yorkshire. These Richmond, North Yorkshire Commercial Property listings have an average size of 3,799 sq ft. The largest available listing in Richmond, North Yorkshire is 3,799 sq ft. The thriving commercial centre and excellent transport links in Richmond, North Yorkshire make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Richmond, North Yorkshire?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Richmond, North Yorkshire currently range from £44 to £44 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Richmond, North Yorkshire?
There is a diverse range of commercial properties available in Richmond, North Yorkshire to suit various business needs. Richmond, North Yorkshire offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Richmond, North Yorkshire commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Richmond, UK

Market Overview for Commercial Properties in Richmond, North Yorkshire

Key information for Commercial Properties investors in Richmond, North Yorkshire and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Richmond, North Yorkshire £44 3,799 sq ft
Catterick Garrison £93 1,883 sq ft
Haddington £92 2,534 sq ft
Hawes £477 625 sq ft
Ripon £68 2,358 sq ft

Rental Price Trends in Richmond, North Yorkshire

The price per square foot range for Commercial Properties in Richmond, North Yorkshire and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Richmond, North Yorkshire £44 £44 £44
Catterick Garrison £93 £93 £93
Haddington £18 £92 £203
Hawes £477 £477 £477
Ripon £28 £68 £109

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Richmond, North Yorkshire area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Richmond, North Yorkshire 3,799 sq ft 3,799 sq ft 3,799 sq ft
Catterick Garrison 1,883 sq ft 1,883 sq ft 1,883 sq ft
Haddington 421 sq ft 2,534 sq ft 9,104 sq ft
Hawes 625 sq ft 625 sq ft 625 sq ft
Ripon 616 sq ft 2,358 sq ft 4,099 sq ft

You searched for commercial property for sale in Richmond, North Yorkshire. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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