Nearby occupiers include Sports Direct, Greggs, B&M and Boots the Chemist
Lot 30
Auction 18th May 2022
Rent
Status Sold
Price £75,000
Sector High Street Retail
Auction Venue Live Streamed Auction
On behalf of Trustees
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 central location on Newgate Street close to its junction with Victoria Avenue. Nearby occupiers include Sports Direct, Greggs, B&M 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 central location on Newgate Street close to its junction with Victoria Avenue. Nearby occupiers include Sports Direct, Greggs, B&M and Boots the Chemist.
Tenure
Freehold.
Description
The property comprises a ground floor shop with ancillary accommodation at first floor level.
VAT
VAT is applicable to this lot.
Note
Please note the buyer will pay 1.5% excluding 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
6 week completion.
EPC
Band C.
Description
The property comprises a ground floor shop with ancillary accommodation at first floor level.
VAT
VAT is applicable to this lot.
Note
Please note the buyer will pay 1.5% excluding 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
6 week completion.
EPC
Band C.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground First
Retail/Ancillary Ancillary
84.22 sq m 38.39 sq m
(907 sq ft) (413 sq ft)
C. GUILLE (t/a Marvellous Toys)
3 years from 03/12/2020 to 02/12/2023 on a full repairing and insuring lease
£6,000
Total
122.61 sq m
(1,320 sq ft)
£6,000
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.