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10 High Street, West Cornforth, County Durham DL17 9HR

Guide Price
£100,000
Auction House, North East
PROPERTY TYPE

Mixed Use

SIZE

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Description

Auction Commencing on Monday 10th August at 1pm and ending 24 hours later on Tuesday 11th August from 11am with Auction House North East.

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

Substantial freehold mixed-use investment comprising a former takeaway and spacious two-bedroom flat, offered with full vacant possession.

Mixed-Use Investment Opportunity – Former Takeaway Premises with Self-Contained Two Bedroom Flat – Fully Vacant

An excellent opportunity to acquire a substantial freehold mixed-use property extending to approximately 114 sq. m (1,227 sq. ft.), prominently positioned on the High Street in West Cornforth. Offered with full vacant possession, the property comprises a former takeaway/commercial unit to the ground floor together with a spacious self-contained two-bedroom flat above, presenting excellent potential for owner occupiers, investors or those looking to reconfigure or enhance the existing accommodation (subject to any necessary consents). EPC ordered.

The ground floor offers a large retail frontage leading into the former takeaway premises, with a spacious customer area, commercial kitchen/preparation room, additional storage areas, WC facilities and a rear yard with useful outbuilding. The layout provides flexibility for a variety of commercial uses or potential alternative uses, subject to the necessary permissions.

The first-floor apartment benefits from its own independent access and briefly comprises a generous open-plan lounge/kitchen, two well-proportioned double bedrooms and a modern shower room. The flat has been refurbished in recent years and is ready for immediate occupation or letting.

Externally, the property enjoys an enclosed rear yard with an additional outbuilding and separate WC, offering useful storage and servicing space.

This is a rare opportunity to acquire a fully vacant mixed-use building with immediate income-generating potential or scope for redevelopment, located within an established village centre with good transport links to Ferryhill, Spennymoor and the A1(M).

Tenure: Freehold

EPC Rating: ordered

Administration Fee: £3600 inc VAT payable on exchange of contracts.

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

10 High Street, West Cornforth, County Durham DL17 9HR

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Durham Station5.9 miles
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About Auction House, North East

15 Beach Road, South Shields, NE33 2QA

Notes

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Disclaimer - Property reference 202607212017sq_1s5j. 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.”