Retail premises for sale in 99 Newgate Street, Bishop Auckland, County Durham DL14

For sale by auction on Tuesday, 10 Sep 2024 at 12:00

Venue: Live Stream

A sizeable freehold commercial unit

A sizeable freehold commercial unit located in the heart of Bishop Auckland, situated in a prominent position on Newgate Street – ideal for a range of retail letting uses. Bishop Auckland is a market town approximately 10 miles South of Durham – The immediate location offers a host of retail outlets, shopping centres, parking and convenience stores for the surrounding region. The property comprises a two-storey building arranged as a ground floor town shop with ancillary accommodation upstairs. Please note the first-floor accommodation is accessed via private entrance to rear of property, Auction House has been unable to gain access.

Accommodation
Ground Floor Shop Unit – 4.46m x 10.16m – A diverse retail space with neutral décor and glass frontage.

Store Room – 4.77m x 3.7m – Sizeable storage area.

Rear Toilet – Toilet and Wash Basin, with rear access to enclosed Yard.

Auctioneers Notes
Property construction – Standard

Electricity supply - Mains

Water supply - Mains

Sewerage - Mains

Heating – Gas

Broadband - Standard Speed – 19 mbps

Mobile signal / coverage –O2/Vodafone/ /EE/three – Very Good

Parking – On Street

Building Safety – See Legal Pack

Restrictions –No - See See Legal Pack – Falls within Bishop Auckland Conservation area

Rights and easements - See Legal Pack

Flood risk – Very Low

Coastal erosion –No Risk

Planning permission – See Legal Pack

Accessibility / adaptions - See Legal Pack

Coalfield or mining area - See Legal Pack

Additional Fees
Buyers Premium: 1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.