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23-25 Mayfair Road , Darlington , Durham, DL1 3AJ

Offers Over 46 sq. m. | £70,000

Property Description

Commercial information

  • 495 sq ft (46 sq m)

Key features

  • Residential Location
  • Recently Refurbished
  • Ground Floor Retail
  • Residential Element
  • Potential Development

Full description

Tenure: Freehold

The subject is an end of terrace two storey property of traditional construction with pitched slate main roof. Recent refurbishment has taken place to the ground floor retail unit.

LOCATION:
The property is located within the Harrowgate Hill area of Darlington a densely populated residential location, some 2 miles from the town centre.

We understand planning has recently been granted for a 100 home residential development within close proximity of Mayfair Road.

POTENTIAL DEVELOPMENT:
We have been advised by the vendor that they have been in correspondence with the local planning authority and the site could house six dwellings subject to the relevant consent.

ACCOMMODATION:
Internal provision to the ground floor includes main retail area 35m (376ft), kitchen 6m (65ft) and store 5m (54ft) and toilet. To the first floor the living accommodation includes two bedroom, lounge and bathroom w/c and kitchen. The flat has a separate entrance.

Note: We have not internally inspected the residential element of the property and all interested parties should settle their own enquiries prior to bidding.

INCOME:
The shop and flat are let together at �690 per month.

EXTERNAL:
Small yard area to rear.

CONVERSION:
The existing ground floor retail unti could be converted back into residential use subject to relevant planning permission, your legal advisors should check this.

RATEABLE VALUE:
The adopted rateable value is �4,000 effective from 1st APRIL 2005

Source: VOA.gov.uk

LEGAL COSTS:
Each party to bear their own own legal costs in this transaction.


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