30 Newgate Street Bishop Auckland County Durham DL14 7EG

30 Newgate Street
Bishop Auckland
County Durham
DL14 7EG

Freehold Town Centre Opportunity

  • Prominent position adjacent to the Newgate Shopping Centre
  • Nearby occupiers include Sports Direct, Greggs and Boots the Chemist
  • Approx. 4,424 sq ft
  • VAT-free property
  • Lot
    35
  • Auction
    17th February 2022
  • Vacant Possession
  • Status
    Sold
  • Price
    £130,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Town Centre Opportunity

  • Prominent position adjacent to the Newgate Shopping Centre
  • Nearby occupiers include Sports Direct, Greggs and Boots the Chemist
  • Approx. 4,424 sq ft
  • VAT-free property
  • Lot 35
  • Auction 17th February 2022
  • Vacant Possession
  • Status Sold
  • Price £130,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
10 miles south of Durham, 11 miles north-west of Darlington
Roads
A68, A688, A1(M)
Rail
Bishop Auckland
Air
Newcastle Airport
Situation

Bishop Auckland is a market town approximately 10 miles south of Durham. The property is situated in a prominent position on Newgate Street adjacent to the Newgate Shopping Centre. Nearby occupiers include Sports Direct, Greggs and Boots the Chemist.

Tenure

Freehold.

Location
Miles
10 miles south of Durham, 11 miles north-west of Darlington
Roads
A68, A688, A1(M)
Rail
Bishop Auckland
Air
Newcastle Airport
Situation

Bishop Auckland is a market town approximately 10 miles south of Durham. The property is situated in a prominent position on Newgate Street adjacent to the Newgate Shopping Centre. Nearby occupiers include Sports Direct, Greggs and Boots the Chemist.

Tenure

Freehold.

Description

The property comprises a three storey building arranged as a ground floor shop with ancillary accommodation at the basement, first, second and third floor.

VAT

VAT is not applicable to this lot.

Note

Please note the buyer will pay 2% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a three storey building arranged as a ground floor shop with ancillary accommodation at the basement, first, second and third floor.

VAT

VAT is not applicable to this lot.

Note

Please note the buyer will pay 2% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Possession
Ground
Basement
First
Second
Third
Retail/Ancillary
Ancillary
Ancillary
Ancillary
Ancillary
197.50 sq m
66.70 sq m
61.00 sq m
54.40 sq m
31.30 sq m
(2,126 sq ft)
(718 sq ft)
(657 sq ft)
(586 sq ft)
(337 sq ft)
VACANT
Total  
410.90 sq m
(4,424 sq ft)
 

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    28.01.22
    File Size
    4 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Structadene Group 9 White Lion Street
London
N1 9PD
James Thomson 0207 843 9196james.t@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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