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
- Ask Agent
- 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
- Ask Agent
- Parking
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- Garden
- Ask Agent
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
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
GP surgery
Pharmacy
Hospital
Green space
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
Nearest bus stop
Typical drive times
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
Surface water
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.
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1. Source of information
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2. Verification required
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