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80 Newgate Street, Bishop Auckland, Durham, DL14

Guide Price
£350,000

£6.36 per sq ft

Business rates & charges may apply

Cheffins Commercial, Cambridge
SIZE AVAILABLE

55,000 sq ft

5,110 sq m

SECTOR

Residential development for sale

Key features

  • For sale by online auction in November
  • Planning permission for residential development or hotel premises
  • Situated in prime town centre location

Description

Description

FOR SALE BY ONLINE AUCTION - RARE DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION FOR HOTEL OR RESIDENTIAL ACCOMMODATION. Contact the Property Auction team on for further information.

This substantial Grade II listed property, constructed in traditional stone masonry, offers a rare opportunity to acquire and develop a landmark building within the town centre. Formerly occupied by Beales department store, the premises have remained vacant for approx.6 years and now present significant potential for redevelopment into a hotel or residential use.

Arranged across three floors and extending to approximately 55,000 sq. ft, the accommodation is currently configured to provide retail and storage space at ground floor level, with office accommodation above. The property stands on a site extending to circa 0.63 acres (0.25 ha). Internally, the building is in a derelict condition.

For sale by online auction in November

Planning permission for residential development or hotel premises

Situated in prime town centre location

Brochures

80 Newgate Street, Bishop Auckland, Durham, DL14

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bishop Auckland Station0.4 miles
  • Shildon Station2.9 miles
  • Newton Aycliffe Station4.8 miles

About Cheffins Commercial, Cambridge

Clifton House, 1 & 2 Clifton Road, Cambridge CB1 7EA

Established in 1825 Cheffins is one of the oldest and best known firms of Surveyors, Valuers, Auctioneers and Estate Agents in East Anglia. We operate from five offices including Cambridge, Saffron Walden, Newmarket, Ely and Haverhill; we also have an office on St James's Place in London.

Cheffins Commercial has a proven track record in commercial property deals. Whether you're looking for office, retail, industrial, R&D/lab space to acquire, sell or let, our team of commercial property experts are here to help you buy, sell or let the perfect premises on the best possible terms.

Notes

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Disclaimer - Property reference 204591FH. 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 Cheffins Commercial, Cambridge. 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 Cheffins Commercial, Cambridge on 01228 473934.

*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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