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Guide price
£100,000

3 bedroom apartment for sale

Newgate Street, Bishop Auckland, DL14 7EG
Auction
Apartment
3 beds
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Tenure: Freehold
  • Commercial premises
  • Three storeys
  • 6958 sq ft
  • Three bed residential flat
  • Investment opportunity
  • Town centre location
  • Well maintained
  • Epc grade d
  • 6958 sq ft. retail space
FOR SALE VIA TRADITIONAL AUCTION * GUIDE PRICE £100,000 * BIDDING CLOSES 16 SEPTEMBER 2PM * FOR BIDDING AND LEGAL INFORMATION PLEASE VISIT HUNTERS.COM/AUCTIONS * FEES APPLY

Well presented three storey commercial premises offered for sale located on Newgate Street in Bishop Auckland. Historically the property was a Lloyds bank, retaining its original architectural frontage and bank vault. This property has a large retail floor area of approx. 850 sq ft with kitchen and WC to the ground floor, the basement provides storage space and incorporates the bank vault whilst the second and third floors are currently a spacious three bedroomed flat with separate rear access. There is potential for the two upper floors to be separated into two flats, subject to relevant consents and planning.

Pleasantly positioned on Newgate Street in Bishop Auckland, a busy high street which has a variety of popular businesses, banks, bars/restaurants, local stores, cafes/food outlets, butchers, bakerys, retail shops as well as salons/barbers. Located just off the A689, close to the train station and on a major bus route through the town which leads to the Bus Station in Bishop Auckland and connects to further bus services, allowing for access to Durham/Newcastle as well as to neighbouring towns and villages.

NOTE FOR BUYERS:
Traditional Online Auction Information:
Please note: this property is for sale by Traditional Online Auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.

Fees:
On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. £2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day. There is an additional buyer premium of £2,400 (incl. VAT) which will be charged immediately online.

Pricing Information:
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Hunters and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

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About this agent

Hunters - Bishop Auckland
Hunters - Bishop Auckland
115 Newgate Street Bishop Auckland DL14 7EN
01388 341007
Full profileProperty listings
Hunters Estate Agents Bishop Auckland and County Durham /  Letting Agents Bishop Auckland and County Durham - we are a local family business with traditional values who are focused on providing the very best service to all our customers with houses for sale or let. We don’t believe in complicated pricing and hidden fees everything we do is to ensure our customers get a great deal, clear simple and with no surprises. You don’t pay upfront as we work on a strictly No Sale No Fee basis, if your circumstances change there is no charge. So if you are looking to sell your home in Bishop Auckland, County Durham, Spennymoor right up to St Johns Chapel, Tow Law down and Darlington then get in touch. Hunters Estate Agents and Letting Agents Bishop Auckland also provide help, anything to do with selling your home or property in County Durham from staging, mortgage advice, conveyancing to removals we can offer you the complete package. Sales Progression at Hunters Bishop Auckland is really important and that is where we as experts really work to ensure everything goes as smoothly as possible. Don’t let your home sale fall through, let our fully trained staff take care of you and your move. Mortgage Advice – call us for independent advice regarding buying you next home. Renting – are you looking to rent a property in Bishop Auckland or County Durham then get in contact to “register for rent” and let us help you find your next home. Landlord Services – we offer a full range of Estate Agency services from Tenant find to Fully Managed. If you have a property or properties in County Durham them we can provide a personal and professional approach to ensure you and your tenants are properly looked after. Fully Trained - We have a great team of fully trained agents based in our office on Newgate Street. So if you are looking for a Free Property Valuation, Auction Advice, or Property Management
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