Get brand editions for Browns, Stockton on Tees

3 bedroom mixed use for sale

Middlesbrough Road, Middlesbrough, TS6

£45,000

Property Description

Full description

TWO A5 HOT FOOD TAKEAWAY UNITS WITH LARGE FLAT ABOVE - FOR SALE BY AUCTION - STARTING BIDS £45,000

Fantastic opportunity to purchase two A5 hot food takeaway units with a large 3 bedroomed flat above. Excellent investment or owner operator/occupier potential.

The property is situated close to the A66 in the Southbank area of Middlesbrough with access to custom from a large residential area with passing trade via the main subway under the A66 between the residential areas and the main commercial area and train station.
TWO A5 HOT FOOD TAKEAWAY UNITS WITH LARGE FLAT ABOVE - FOR SALE BY AUCTION - STARTING BIDS £45,000
TWO A5 HOT FOOD TAKEAWAY UNITS WITH LARGE FLAT ABOVE - FOR SALE BY AUCTION - STARTING BIDS £45,000
Accommodation
8 Middlesbrough Road
- Ground floor retail unit A5 Hotfood takeaway
GIA - 76 sq m - 818 sq ft

10 Middlesbrough Road
- Ground floor retail unit A5 Hotfood takeaway
GIA 52 sq m - 563 sq ft

8a Middlesbrough Road
3 bed self contained flat with option of access to 10 Middlesbrough Road ground floor retail unit
Living Room, Kitchen , Bathroom, 3 Bedrooms
GIA - 111.3 sq m 1198 sq ft
Business Rates
Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.
Tenure
FREEHOLD
Proposed Terms
FOR SALE BY MODERN METHOD OF AUCTION - STARTING BIDS £45,000
Legal Costs
The ingoing purchaser/tenant will be responsible for our Client’s reasonable legal costs incurred in connection with this transaction together with any Stamp Duty and VAT where applicable.
VAT
All offers where made silent of VAT are deemed to be made exclusive thereof.
Notes
All measurements are approximate and are for guidance purposes only.
Viewing
By appointment through the Sole Agents, Browns Commercial Tel: 01642 607607

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 £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".


Nearest stations

  • South Bank (0.3 mi)
  • Middlesbrough (2.4 mi)
  • Marton (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Browns, Stockton on Tees

6 Innovation Court Yarm Road Stockton-On-Tees TS18 3DA

01642 268077 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • South Bank (0.3 mi)
  • Middlesbrough (2.4 mi)
  • Marton (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Browns, Stockton on Tees

6 Innovation Court Yarm Road Stockton-On-Tees TS18 3DA

01642 268077 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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