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COMMERCIALSOLD STC

Houghton le Spring, Tyne and Wear, DH5

Guide Price
£110,000
Kimmitt and Roberts, Houghton Le Spring
PROPERTY TYPE

Commercial Property

BATHROOMS

2

SIZE

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Key features

  • FOR SALE BY AUCTION - 30th April 2024
  • Commercial Premises
  • Main Road Location
  • Secure Gated Carpark
  • Currently Split into 2 Units
  • Transport Links Nearby

Description

Are you looking to invest in a commercial property that promises potential business opportunities? Look no further! This impressive commercial premises in Hetton le Hole is up for sale by auction, offering you a secure investment with potentially excellent returns.

Situated on a main road, this property enjoys high visibility and easy access, making it an ideal location for businesses to thrive. With its convenient location and strong transport links nearby, this property offers easy accessibility for both customers and employees.

One of the key features of this commercial property is the secure gated carpark, ensuring the safety of vehicles and providing peace of mind for tenants and customers alike. The added benefit of ample parking space enhances the property's appeal to potential tenants, making it an attractive proposition for businesses in need of convenient parking facilities.

Currently, the property is split into two separate units, giving you the opportunity to maximise your rental income. You can either lease both units to different businesses or utilise one unit for your own business operations while deriving rental income from the other. The versatility of the property's layout allows for flexibility in accommodating various business types.

With multiple rooms that can be customer facing as well as kitchen facilities, multiple Wc’s including one disabled wc, this commercial property offers a spacious and functional layout. This blank canvas allows any potential buyers to tailor the space to their specific business requirements, whether it be for offices, retail, or potentially converting the units into accommodation, subject to obtaining the necessary permissions.

Main Building
Entrance Porch
Front Room (16.60m x 6.10m)
Back Office (4.30m x 4.20m)
Disabled WC (2.50m x 1.70m)
Wc (2.70m x 1.20m)
Kitchen (2.70m x 1.50m)

Rear Access
Main Room (5.10m x 4.00m)
Office (2.70m x 4.00m)
Wc (1.20m x 1.40m)

MATERIAL INFORMATION
The following information should be read and considered by any potential buyers prior to making a transactional decision:

SERVICES
We are advised by the seller that the property has mains provided gas, electricity, water and drainage.

WATER METER - No

PARKING ARRANGEMENTS - Street Parking / Gated Car Park

BROADBAND SPEED
The maximum speed for broadband in this area is shown by imputing the postcode at the following link here >

ELECTRIC CAR CHARGER - No

MOBILE PHONE SIGNAL
No known issues at the property

NORTHEAST OF ENGLAND - EX MINING AREA
We operate in an ex-mining area. This property may have been built on or near an ex-mining site. Further information can/will be clarified by the solicitors prior to completion.

The information above has been provided by the seller and has not yet been verified at this point of producing this material. There may be more information related to the sale of this property that can be made available to any potential buyer.

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. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.

Disclaimer
A copy of the title is available upon request via Agents Property Auction, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Houghton le Spring, Tyne and Wear, DH5

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Seaham Station4.3 miles

About Kimmitt and Roberts, Houghton Le Spring

Imperial Buildings 1 Church Street Houghton Le Spring DH4 4DJ
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Kimmitt & Roberts are a well-established, award-winning estate agency operating mainly across Tyne and Wear and East Durham as well as boasting over 30 years of property SUCCESS. Although the company's founders have retired, their sons, Dave and Jonny, have stepped into the directorship roles. Both are local to the area and bring a strong passion for property and entrepreneurship. They manage the business alongside two experienced managers. Our Houghton-le-Spring team is made up of Branch Manager, Tracy Walker, ably assisted by Jennifer Elliott, Ashleigh Tindale and Laurie Hamilton.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference KMM_HGH_LFSYCL_723_908303520. 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 Kimmitt and Roberts, Houghton Le Spring. 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.

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 Kimmitt and Roberts, Houghton Le Spring on 0191 625 0759.

*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.”

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