Rarely does the opportunity arise to acquire this exceptional mixed-use property in the highly sought-after village of Lanchester. Combining a beautifully renovated four-bedroom family home with established commercial premises, this is a unique investment and lifestyle opportunity.
The residential accommodation has been extensively modernised by the current owners to a high standard throughout. An inviting entrance hallway leads into the stunning bespoke German-designed Häcker kitchen, which features an extensive range of wall and base units, premium stone worktops, an induction hob, integrated oven, fridge/freezer and dishwasher. The kitchen also benefits from underfloor heating, creating a warm and practical family space.
Flowing seamlessly from the kitchen is the impressive garden room, flooded with natural light through floor-to-ceiling glazing and offering delightful views over the rear garden. The ground floor further benefits from a convenient WC and attractive engineered oak flooring throughout.
To the first floor are four generously proportioned double bedrooms, with the fourth bedroom currently utilised as an elegant formal living room, offering flexibility for a variety of lifestyles. Solid oak internal doors are fitted throughout the property, while the recently refurbished family bathroom is finished to an excellent standard and comprises both a bath and a separate shower enclosure.
Externally, the property boasts a substantial rear garden, predominantly laid to lawn with a generous patio area ideal for outdoor entertaining. A detached garden room provides excellent additional space for a home office, gym or hobby room.
Thoughtfully designed, the flooring above the commercial premises has been professionally sealed to minimise the transfer of odours into the residential accommodation, ensuring comfortable day-to-day living.
The commercial element of the property comprises a well-established fish and chip takeaway together with a separate barber shop, offering an excellent opportunity for investment income or owner occupation.
Tenancy Details
Barber Shop
The barber shop is let at a current rent of £6,000 per annum, with the tenancy running until August 2027. The lease is held on Effective Full Repairing and Insuring (EFRI) terms, with the relevant obligations recovered by way of a service charge.
Grandpa’s Fish Bar
Grandpa’s Fish Bar is let at a current rent of £10,000 per annum on a five-year lease from December 2024. The lease incorporates a break clause on 31 May 2028 and is held on Internal Repairing and Insuring (IRI) terms, with the landlord retaining responsibility for the structure of the property
Location
31–33 Front Street occupies a prominent position in the heart of the picturesque village of Lanchester, one of County Durham's most desirable locations. The village offers an excellent range of independent shops, cafés, restaurants, traditional pubs, supermarkets and everyday amenities, together with highly regarded primary and secondary schools.
Lanchester is renowned for its strong sense of community and attractive surroundings, with numerous countryside walks and cycling routes nearby, including the popular Lanchester Valley Railway Path. The village also benefits from excellent transport links, providing convenient access to Durham City (approximately 8 miles), Consett, Newcastle upon Tyne and the A1(M), making it an ideal location for commuters.
Blending village charm with excellent connectivity, Lanchester continues to be one of the North East's most sought-after residential locations, offering an outstanding quality of life alongside strong commercial potential.
EPC
31-33 Front Street D59
Grandpas Fish Bar C72
31 Front Street D81
Rateable Value
31 Front Street (£4,750)
33 Front Street (£4,450)
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