Haughton Road, Darlington, Durham, DL1 2JU
- SIZE AVAILABLE
624 sq ft
58 sq m
- SECTOR
Restaurant for sale
Key features
- Mixed use investment portfolio
- Hot food takeaway and retail unit
- 3 bed flat with separate entrance
- Tenanted garage premises included
- Small yard to the rear
- Close to Darlington town centre
- Freehold title
Description
Investment/development/owner occupier opportunity for sale. The portfolio comprises 2x commercial units (a hot food takeaway and a retail unit), a residential 3 bed apartment, and a garage premises to the rear. The retail unit and garage are both tenanted for a combined income of £7,200 per annum. The flat is currently vacant, and the takeaway is currently owner occupied and trading (to be sold with vacant possession). Equipment, fixtures and fittings can be included within the sale for an additional premium of £25,000.
Excellent opportunity for further development by an investor/developer or owner occupier looking for additional income. Suitable for a variety of uses subject to local planning permissions.
Location
The subject property is located in a predominantly residential area on the periphery of Darlington town centre.
Accommodation
The accommodation briefly comprises of a retail unit with counter, kitchen and internal storage. Providing 58 sq metres/ 624 sq ft (approx). There is also a small yard to the rear of the premises with WC facilities. Also included in the rental is a 3 bedroomed first floor apartment with separate entrance (this could be utilised by the new business operator or sub let to generate additional income).
Tenure
Freehold. Title number DU58298.
Lease Details
286 Haughton Road - hot food takeaway
To be sold vacant, although currently trading (including equipment, fixtures and fittings etc.)
288 Haughton Road - retail unit
Currently let for 350pcm
288a Haughton Road - 3 bedroom flat
To be sold vacant
Garage rear of 286 Haughton Road - garage premises
Currently let for £250pcm
Rateable Value
The adoptable rateable values are as follows (as of 1st April 2023). Sourced from VOA.
286-288 Haughton Road - £3,000
288 Haughton Road - £3,600
Council Tax
The flat is of council tax band A.
EPC
All available upon request (ratings B, C and D).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Brochures
Haughton Road, Darlington, Durham, DL1 2JU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- North Road Station0.8 miles
- Darlington Station1.0 miles
- Dinsdale Station3.0 miles
Notes
Disclaimer - Property reference 451574. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinsons, Pattinsons Commercial North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Commercial North East on 0191 743 9260.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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