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2 bedroom commercial property for sale

Station Road, Whitley Bay

Sold STC £150,000

Property Description

Key features


Full description

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by The West Midlands Property Auction powered by iam-sold Ltd.

Property Details -

Ground Floor - Retail Unit - Four retail units available. Zone A 32 sq m. Zone B - 23.92 sq m. Zone C - 5.59 sq m. Zone D - 7.68 sq m. Internal storage/wc - 13.70 sq m.
Total area of 82.89 sq m.

This unit currently has a tenant in place with a lease dated 16.10.15 valid for 3 years.

The retail space has laminate flooring. Air conditioning. Single glazed windows.

Rateable Value - We are advised by the VOA website that the property has a Rateable Value of: £7,700.00 however interested parties should make their own enquiries.

Ground Floor Plan -

First Floor Accommodation - Hardwood front door leading to stairs to first floor.

First Floor Landing - Corniced ceiling. uPVC double glazed window,

Lounge - 4.42 x 4.45 (14'6" x 14'7") - Plus alcove. 2 uPVC double glazed windows.

Dining Room - 4.00 x 4.25 (13'1" x 13'11") - Plus alcove. Baxi Brava 2 wall mounted gas fire. Electric night storage heater. upVC double glazed window.

Kitchen - 2.14 x 3.12 (7'0" x 10'2") - Fitted with wall and floor units. Gas double oven. One and half bowl sink unit with single drainer. Space for washer/dryer and fridge Freezer. uPVC double glazed window.

Wc - White WC with low level cistern.

Second Landing - Cupboard.

Bedroom One (Loft) - 4.92 x 4.32 (16'1" x 14'2") - Electric night storage heater. 2 upVC double glazed windows.

Bedroom Two (Loft) - 3.06 x 4.20 (10'0" x 13'9") - Traditional fireplace. Electric night storage heater. uPVC double glazed window.

Bedroom Two Fireplace -

Bathroom - 4.28 x 2.75 (14'0" x 9'0") - Wild Sage coloured bath and pedestal hand wash basin. White WC. Cupboard housing hot water cylinder with electric immersion heater. Storage cupboard. Extractor unit. uPVC double glazed window.

Externally - Shared rear yard for bin storage.

Fixtures And Fittings - Fixtures and fittings mentioned in these particulars are included in the sale. All others in the property are specifically excluded.
Photographs are reproduced for general information and it must not be inferred that any item is included for sale with the property.

Disclaimer - The condition of the heating system and/or the other appliances is not known.

Viewing - Through our Whitley Bay office 01912522920.


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Disclaimer - Property reference 26250618. The information displayed about this property comprises a property advertisement. 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 Keep, Whitley Bay. 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.

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*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.”

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 Keep, Whitley Bay on 0191 252 2920.

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