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Commercial Property for sale

Heighington Lane, Newton Aycliffe, DL5

Guide Price* £210,000

Property Description

Full description

FOR SALE BY AUCTION
An extensive former public house with car park and grounds that is a Grade II Listed Building incorporating a former station masters house, ticket office and platform at Heighington Station, next to the level crossing where the first ever locomotive to haul a passenger train was hoisted on to the track in 1825. More recently, the property has been used as a public house and restaurant occupying the original platform with an additional courtyard for outside drinking. The building extends to a variety of internal areas over multiple levels however we have not obtained internal access and therefore are unable to comment further. Interested parties should also note that the property has been vacant for a number of months we are advised that the property has been affected by vandalism within the intervening period.

Location - The subject property is located within a prominent and highly visible setting at the junction of Heighington Lane (B6444) and Station Road on the railway crossing in a mainly production and employment location south of Newton Aycliffe, County Durham. Newton Aycliffe is a town in County Durham, England. Founded in 1947 under the New Towns Act of 1946, the town sits about five miles to the north of Darlington and ten miles to the south of the city of Durham. It is the oldest new town in the north of England, and together with the bordering Aycliffe Village (to the south) and the north part of School Aycliffe (to the west), forms the civil parish of Great Aycliffe. The population of the town at the time of the 2011 census was 26,633.

Accommodation - An internal has not been carried out and therefore we are unable to provide details regarding the accommodation at the property.

Listing - The subject property is a Grade II Listed Building registered as Locomotion One Public House and east platform (previously listed as Heighington Railway Station). Circa 1835 with later 19th century additions to rear. The building is of dressed sandstone with a main roof of large Welsh slates and brick chimneys with a cobble platform. The small cobbled area, in front of station is said to be part of the original 1825 platform. This building was an early station and booking office for the Stockton and Darlington Railway and occupies the site where, in 1825, George Stephenson's "Locomotion No. 1" engine was put on the rails for the inauguration of the Stockton and Darlington service.

Listing NGR: NZ2713122515

Title - Title absolute. Title Number DU110907.

Agents Note - The property has suffered extensive damage resultant from vandalism. Due to the current condition of the property, viewing is restricted to an external inspection only. Neither the selling agent nor the auctioneer can accept any responsibility for any injury, damage or loss that may result from prospective bidders choosing to internally view this property without ours or our clients permission.

Auction Guide Price - £210,000+

Auction - For Sale by Auction.

Disclaimer - Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

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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 R A Jackson & Son, North Shields on 0191 2571253.


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