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Offers in Excess of£600,000

Hackworth Industrial Park, Shildon, DL4

Key Features

  • Single let to strong covenant
  • Off a low rental of £4.50 per sq ft
  • 20 year lease from 2019
  • Fixed uplift to £5 per sq ft February 2027
  • Net initial yield 7.23%
  • Offers in excess of £600,000
  • Revisionary yield 8.03%

Description

Investment opportunity to acquire a fully let block of industrial units. The property is of steel portal frame construction and serviced by 6 electric roller shutter doors. Internally the property has concrete floors, WC and kitchen facilities. Externally the property sits on a secure compound serviced by its own private gated entrance with perimeter palisade fencing.

The property is situated in Hackworth Industrial Park, a well-established industrial area in Shildon, about 2 miles southeast of Bishop Auckland and 11 miles north of Darlington. It’s also roughly 5 miles northwest of junction 58 of the A1(M), with easy access to the A167 and A68 trunk roads. Hackworth Industrial Estate is a popular, long-standing location in Shildon, County Durham, offering strong local connectivity and excellent links to the regional road network. The estate accommodates a variety of trade counter, industrial, and storage uses, appealing to a wide range of occupiers. The units in question are located at the rear of the estate, providing a secure and functional space ideal for storage, workshops, and operational activities.

For viewings please arrange via Align Real Estate.

The property is fully let to The Auckland Project (07931440) for a term of 20 years from February 2019. Currently let off a low passing rent of £45,000 per annum this increases to £50,000 per annum in February 2027 before an open market rent review in February 2028. There are break clauses in February 2029 and 2034.

We are seeking offers in excess of £600,000 reflecting a NIY of 7.23% with a revisionary yield of 8.03% after assuming purchasers costs of 3.75%

We understand the property is available freehold under title DU358989

Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-07-17

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
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Parking
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Garden
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Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

80 Mbps

Superfast

Suitable for

  • HD streaming
  • Video calls
  • Web & social

Mobile signal

CallsDataEE Good GoodO2 Good GoodThree Good GoodVodafone Good Good

Outdoor predictions; indoor signal depends on building materials.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Timothy Hackworth Primary School512 metresNo Ofsted rating
    Ages
    2 to 11
    Pupils
    329
    Type
    Community school
  • Thornhill Primary School0.7 milesOfsted: Outstanding
    Ages
    4 to 11
    Pupils
    205
    Type
    Community school
  • St John's Church of England Aided Primary School, Shildon0.8 milesOfsted: Good
    Ages
    3 to 11
    Pupils
    239
    Type
    Voluntary aided school
    Faith
    Church of England
  • Prince Bishops Community Primary School1.7 milesOfsted: Good
    Ages
    2 to 11
    Pupils
    210
    Type
    Academy converter
  • St Andrew's Academy1.8 milesOfsted: Good
    Ages
    3 to 11
    Pupils
    191
    Type
    Academy converter

Secondary

  • Greenfield Academy2.2 milesOfsted: Requires improvement
    Ages
    11 to 16
    Pupils
    566
    Type
    Academy converter
  • St John's Catholic School & Sixth Form College2.3 milesNo Ofsted rating
    Ages
    11 to 18
    Pupils
    1,229
    Type
    Academy converter
    Faith
    Roman Catholic
  • Bishop Barrington Academy2.3 milesOfsted: Good
    Ages
    11 to 16
    Pupils
    599
    Type
    Academy converter
  • King James I Academy Bishop Auckland2.5 milesOfsted report card · Mar 2026
    Ages
    11 to 18
    Pupils
    936
    Type
    Academy converter
  • UTC South Durham3.7 milesOfsted: Good
    Ages
    14 to 19
    Pupils
    421
    Type
    University technical college

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.

Amenities

Supermarket

Co-op Shildon - Dale Road, Shildon0.7 miles
Spar Redworth Station, Shildon0.7 miles
Spar - Shildon, Shildon0.8 miles

GP surgery

Hallgarth Surgery0.8 miles

Pharmacy

Net Pharmacy929 metres

Hospital

Auckland Park Hospital2.3 miles

Green space

Allotments Or Community Growing Spaces290 metres

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Shildon Rail Station0.7 miles

Nearest bus stop

Byerley Road437 metres

Typical drive times

Shildon5 min · 1.4 miles
Spennymoor13 min · 8.4 miles
Durham (city)24 min · 15 miles
Bishop Auckland10 min · 4.9 miles
Newton Aycliffe12 min · 5.3 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.

Rivers and the sea

Flood Zone 1Lower risk

Surface water

A 1 in 100 to 1 in 1000 chance each yearMedium to low risk

The detail behind these bandings

The full report pinpoints where this location sits on the flood maps, and runs the deeper checks that usually only surface after an offer.

  • Exact flood zones & annual chances (included in the full report)
  • Any recorded past flooding (included in the full report)
  • Planning activity nearby (included in the full report)
  • Heritage & conservation (included in the full report)
  • Protected nature designations (included in the full report)
  • Ground risks (included in the full report)
  • Sold prices nearby (included in the full report)

£14.99 · one-off purchase

By LandSale, the platform. Not provided by the listing agent. Ready in about a minute.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

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