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Mixed Use for sale

Middlesbrough Road, South Bank, Middlesbrough, TS6

Guide Price* £115,000

Property Description

Full description

For sale by Modern Method of Auction: Starting Bid Price £115,000 plus Reservation Fee. Accommodation comprises of "The Commercial" Public House. "Fat Katz Nite Spot" upper floor nightclub. Ground floor Retail Unit and First floor living accommodation. The premises are situated next to a public car park in a prominent position next to the A66. South Bank is located on the banks of the River Tees, approximately 3 miles from Middlesbrough Town Centre. The property would be suitable for a variety of uses and there would also be scope for redevelopment subject to the necessary planning consents. This is a vast building with huge potential which must be viewed to appreciate. This property is for sale by The Great North Property Auction powered by iam-sold.
For Sale By Auction - Starting bids £115,000
Commercial Pub 194 sq metres 2088 sq feet
Fat Katz Nite Spot 278 sq metres 2992 sq feet
Ground Floor Retail 116 sq metres 1248 sq feet
Upper Floor Accommodation 73 sq metres 785 sq feet
South Bank is located on the banks of the River Tees, approximately 3 miles from Middlesbrough Town Centre.
For Sale by Auction - T & C's apply
Subject to an undisclosed Reserve Price
Buyers fees apply
The Modern Method of Auction
Online Bidding Available
Priced to Sell
Vast Premises
Huge Potential

The property is available for sale by auction at where the interested applicants can place bids. Should the vendor wish to accept an offer, the property can be sold prior to the auction. Please remember to register your interest early to avoid disappointment.

Unless otherwise stated, the property is sold subject to a reservation fee. The reservation fee is calculated against the final negotiated selling price at 3.5% subject to a minimum of £5,000 plus VAT at the prevailing rate. The reservation fee does not form part of the final negotiated selling price, and is received on a non-refundable basis. Please contact Browns Commercial for further information.

Enquiries regarding the Rateable Value and details of precise amounts payable should be directed to the relevant local authority.
All offers where made silent of VAT are deemed to be made exclusive thereof.
By appointment through the Sole Agents, Browns Commercial Tel: 01642 607607
All measurements are approximate and are for guidance purposes only.

Map & Street View

Disclaimer - Property reference 63722. 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 Browns, Stockton on Tees. 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 Browns, Stockton on Tees on 01642 677411.

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