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35 Townfield Gardens, Newburn, Newcastle upon Tyne, Newcastle Upon Tyne NE15 8PY

Guide Price
£450,000
Auction House, North East
PROPERTY TYPE

Mixed Use

BEDROOMS

4

BATHROOMS

1

SIZE

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Description

Auction Commencing on Monday 27th July at 1pm and ending 24 hours later on Tuesday 28th July at 1pm with Auction House North East

Please register to bid via our website - auctionhouse.co.uk/northeast

Substantial Mixed-Use Property with Extensive Commercial Space & Five-Bedroom Residential Accommodation!

Please contact Your Move West Denton on to arrange a viewing!

A substantial mixed-use freehold property arranged over basement, ground, first and second floors, offering extensive commercial accommodation together with a spacious residential dwelling. The property provides a rare opportunity with a variety of potential uses, subject to the necessary consents.

The commercial element is a large open-plan retail/showroom area to the ground floor with additional stores, office space and ancillary accommodation. The basement and upper floors provide further generous commercial and storage space, suitable for a range of retail, office, warehouse, studio or other commercial uses.

The residential accommodation is accessed separately and has an entrance hall, spacious kitchen/dining room, utility room and sitting room. To the first floor are five well sized bedrooms and a recently updated family bathroom fitted with a modern four-piece suite including bath, walk-in shower, wash hand basin and WC. The residential accommodation has been refurbished throughout and is ready for immediate occupation.

Externally, the property benefits from separate access to the commercial and residential elements, including continued mixed-use occupation, investment or redevelopment opportunities, again subject to the necessary planning consents.

This is an excellent opportunity to acquire a sizeable mixed-use freehold property with significant commercial floor space and substantial residential accommodation, offering strong asset management and value-add potential.

Tenure: Freehold

EPC Rating: C & B

Administration Fee: 1.2% inc VAT of the purchase price, payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

35 Townfield Gardens, Newburn, Newcastle upon Tyne, Newcastle Upon Tyne NE15 8PY

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blaydon Station1.9 miles
  • Wylam Station3.0 miles
  • Bank Foot Metro Station3.1 miles
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About Auction House, North East

15 Beach Road, South Shields, NE33 2QA

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202607031624sq_cm2j. 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 Auction House, North East. 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 Auction House, North East on 0191 917 9650.

*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.”