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COMMERCIAL

High Street, Stockton, Stockton-on-Tees, Durham, TS18 1PL

Guide Price
£60,000
Pattinson Estate Agents, Stockton-On-Tees
PROPERTY TYPE

Commercial Development

SIZE

Ask agent

Key features

  • Leasehold upper-floor commercial premises
  • Central High Street location
  • Development Opportunity STPP
  • Full renovation and refurbishment required
  • Grade II Listed building

Description

For sale via secure sale online bidding - terms and conditions apply.

An excellent development opportunity to acquire substantial upper-floor commercial premises situated in a prominent High Street location in the heart of Stockton-on-Tees.

The property is Grade II Listed and comprises accommodation positioned above two ground-floor retail units, which are not included in the sale. The interest being offered is leasehold and prospective purchasers should refer to the legal pack for full details of the lease, title and extent of the property being sold.

The accommodation is currently in need of a comprehensive programme of renovation and refurbishment throughout, presenting an opportunity for an investor or developer to restore and repurpose this characterful listed building.

We are advised there was previously a planning permission application for conversion into self-contained residential accommodation, with schemes providing for either five or seven self-contained flats. This offers considerable potential for residential redevelopment, subject to the terms and current status of the relevant planning and listed building consents. We are advised this application was withdrawn due to a change in the owners circumstances. Buyers should make their own enquiries with the local planning authority and satisfy themselves regarding all permissions prior to bidding.

Given the property's listed status, purchasers should be aware that renovation and alteration works may require Listed Building Consent and will need to be undertaken with appropriate regard to the building's historic character.

Located on High Street, Stockton-on-Tees, the property occupies a central position with convenient access to local shops, amenities and transport connections.

Important Information: Prospective purchasers are advised to inspect the legal pack and satisfy themselves as to the exact extent of the leasehold title, lease terms, planning permission, Listed Building Consent requirements and the current validity and conditions of all relevant consents before bidding.

Location

Located on High Street, Stockton-on-Tees, the property occupies a central position with convenient access to local shops, amenities and transport connections.

Tenure

Leasehold. Title number CE253062.

EPC

We await a copy of the energy performance certificate.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on commercial. . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Brochures

Brochure

Energy Performance Certificates

EPC

High Street, Stockton, Stockton-on-Tees, Durham, TS18 1PL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stockton Station0.3 miles
  • Thornaby Station0.7 miles
  • Eaglescliffe Station3.0 miles

About Pattinson Estate Agents, Stockton-On-Tees

20 Bishop Street, Stockton-On-Tees, TS18 1SY
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 517886. 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 Pattinson Estate Agents, Stockton-On-Tees. 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 Pattinson Estate Agents, Stockton-On-Tees on 01642 056281.

*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.”