Property

* FOR SALE VIA AUCTION * A very rare and unique opportunity to purchase this substantial commercial property that has previously been run as a successful bar & restaurant, solid foundations have been put in place by the current owners regarding facilities such as benefitting from a new kitchen area located on the popular Fore Bondgate in the market place of Bishop Auckland the facility is in a prime location to take advantage of the local investment in the market place and is a stone through away from Kynren. Over three floors the internal accommodation is accessible via front & rear entrance doors, the bar area has vaulted ceilings, a raised stage area, seating booths, a disabled toilet, a raised area which is currently used as a games area but could be utilised as a dance floor, stage or additional restaurant seating. A staircase leading to the first floor which is a fully equipped restaurant kitchen with triple glazed windows to the front elevation and access to loft space, A second staircase goes down to the lower ground floor where both the male and female toilets are located. A viewing is essential to appreciate the size, presentation and location of the property on offer.

Auctioneers Disclaimer - Pattinson Auction are working in partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular 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. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

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 of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it to necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.