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Post Office for sale

5-5a Dean Terrace, Ryton, NE40 3HQ

Guide Price 44 sq. m. | £149,950

Property Description

Commercial information

  • 473 sq ft (44 sq m)

Key features

  • Terraced Property
  • Ground Floor Retail
  • First Floor Maisonette
  • Residential Currently Let Out
  • Net Internal Area 51.48m2 (554.14 sq ft)
  • Prominent Location

Full description

Tenure: Freehold

TO BE SOLD AT AUCTION on the 29th November 2016. Property sold under unconditional auction terms and conditions.

Pattinson are offering to the market a former Post Office with residential accommodation which is located on Dean Terrace in Ryton. The ground floor retail unit offers a traditional shop window frontage, security counter and fixtures and fittings are included in the sale.

The first floor maisonette is currently let out on AST terms - we await a copy of the tenancy agreement.

The subject property is located within Dean Terrace, a mixed use location of mainly housing and retail premises, within Ryton town centre in Tyne and Wear. Ryton is a semi-rural town which is located around 8 miles west of both Gateshead and Newcastle upon Tyne. The location is one of the main hubs of retail and residential accommodation within the Tyne Valley serving a sizeable population in and around the area.

Traditional shop window frontage
Main sales area: 30.36m2
Post Office: 9.24m2
Store: 11.88m2

Please note that Pattinson have not inspected the upper floor.

NET INTERNAL AREA: 51.48m2 (554.14sqft).

Freehold. Title number TY97190.

The adopted rateable value is 4,300 as effective from 01 APRIL 2010.

Available upon request.

Unless otherwise stated, all stated figures are expressed exclusive of VAT.

The subject property is offered on unconditional sale terms. This means that the successful bidder will be required to exchange contracts on the day together with the submission of a 10% deposit subject to a minimum of 3,600. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable bids are legally binding. As well as the 10% deposit any successful bidder would have to pay (650 plus VAT) admin charge on any auction purchase. Bidders should be aware that additional costs may be due within the special conditions of sale, if provided by the sellers solicitor. You should check this before bidding.

Map & Street View

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