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128 Northgate, Darlington, DL1 1QS

Guide Price* 745 sq. ft. | £32,500

Property Description

Commercial information

  • 745 sq ft (69 sq m)

Full description

Tenure: Freehold

SITUATION/LOCATION
The property is situated on this main arterial road on the fringe of Darlington town centre. The location incorporates a number of established businesses including Dominos Pizza, The Wood Floor Company and Co-operative Funeral Care. All town centre amenities are within walking distance and there are a number of public car parking facilities in the vicinity.

PREMISES
Traditional two storey mid terraced retail premises incorporating glazed shop front with pebble dashing to the front elevation. Internally the property comprises ground floor sales with rear stores and kitchen. The first floor is presently used for storage with bathroom/WC which could be converted to a residential flat subject to the necessary consents. There is an enclosed yard at the rear shared with the neighbouring property incorporating brick built outhouses.

ACCOMMODATION
The accommodation briefly comprises:-

Ground Floor
Sales 14.3sq.m. (153.87sq.ft.)
Rear Store/Office 18.81sq.m. (202.4sq.ft.)
Kitchenette 3.27sq.m. (35.19sq.ft.)

First Floor 32.92sq.m. (354.22sq.ft.)

The first floor may be suitable for conversion to residential subject to the necessary planning consents and there is separate access from Northgate.

Total Net Internal Area
69.3sq.m. (745.67sq.ft.)

TENURE
Freehold

RATEABLE VALUE
The Valuation Office Agency website lists the rateable value with effect from 1st April 2010 as follows:- RV 5,300.

VAT
Any reference to price, premium or rent is deemed to be exclusive of VAT (if applicable) thereon. Where rents are quoted as inclusive figures this does not include VAT. Interested parties should clarify the incidence of VAT in any event with their legal advisors.

VIEWING
Strictly by appointment only through agents.

ENERGY PERFORMANCE ASSET RATING
G 182

AUCTIONEERS COMMENTS
The 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 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 and 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 Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form 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 Great North Property Auction powered by iam-sold Ltd or "iam-sold Ltd".

TO VIEW OR MAKE A BID - Contact Carver Commercial or visit www.greatnorthpropertyauction.co.uk


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Disclaimer - Property reference 128NORTH. 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 Carver, Commercial. 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.

*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 Carver, Commercial on 01325 466945.


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