7 Market Place Middleton-in-Teesdale Barnard Castle County Durham DL12 0QF

7 Market Place
Middleton-in-Teesdale
Barnard Castle
County Durham
DL12 0QF

Freehold Retail Opportunity and Residential Ground Rent Investment

Former ground floor banking hall with residential ground rent on upper floors
Prominent position in town centre
Approx. 106.50 sq m (1,146 sq ft) on the ground floor
Of interest to owner occupiers
Asset management opportunities
VAT free opportunity

Lot
44
Auction
18th September 2025
Vacant Possession
Status
Available
Guide*
£40,000
Auction Venue
Live Streamed Auction
On Behalf of a Major Bank

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Freehold Retail Opportunity and Residential Ground Rent Investment

Former ground floor banking hall with residential ground rent on upper floors
Prominent position in town centre
Approx. 106.50 sq m (1,146 sq ft) on the ground floor
Of interest to owner occupiers
Asset management opportunities
VAT free opportunity

Lot 44
Auction 18th September 2025
Vacant Possession
Status Available
Guide* £40,000
Sector
High Street Retail, Development
Auction Venue
Live Streamed Auction
On Behalf of a Major Bank

Property Information

Location

Miles: 30 miles south west of Newcastle Upon Tyne, 32 miles west of Middlesbrough
Roads: A67, A68
Air: Newcastle City Airport

Situation

Middleton-in-Teesdale is a market town popular with tourists, being surrounded by the picturesque North Pennines and some 8 miles north of Barnard Castle. The property is situated on the east side of Market Place in the heart of the town centre.

Tenure

Freehold.

Location

Miles: 30 miles south west of Newcastle Upon Tyne, 32 miles west of Middlesbrough
Roads: A67, A68
Air: Newcastle City Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor former bank together with residential accommodation on the upper two floors, which has been let on a long lease.

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises a ground floor former bank together with residential accommodation on the upper two floors, which has been let on a long lease.

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
Ground	Retail	106.50	(1,146)	VACANT
First/Second	Residential	-	-	INDIVIDUAL	125 years from 25/12/2004	Peppercorn
Total Approximate Commercial Floor Area		106.50	(1,146)

NB. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.