10a Church Street, Seaham, County Durham, SR7
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- COMMERCIAL TO GROUND FLOOR
- FURTHER INCOME POTENTIAL TO UPPER FLOOR
- SOLD AS SEEN
- BUYERS PREMIUM APPLIES
- PRIME LOCATION
Description
Commercial Property with Development Potential – Church Street, Seaham
An exciting opportunity to acquire a well-positioned commercial property on the highly popular Church Street in Seaham. The ground floor is currently trading, providing an immediate income stream, while the upper floor offers fantastic potential for conversion. Subject to the necessary consents, the upper space could be transformed into a studio flat, Airbnb accommodation, or office space – creating an additional source of revenue.
This property is offered for sale sold as seen and in partnership with I Am Sold Auction, making it an ideal investment for those seeking a versatile property in a thriving location.
Don't miss out on this chance to secure a prime spot with scope for future growth!
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
10a Church Street, Seaham, County Durham, SR7
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Seaham Station0.3 miles
- Park Lane Metro Station4.9 miles
- University Metro Station5.2 miles
Notes
Disclaimer - Property reference 10735093. 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 Dowen, Seaham. 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 Dowen, Seaham on 0191 625 1051.
*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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