Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Warehouse Storage Space
- Dog Grooming Facility
- Close To Local Amenities
- Central location
- Planning Permission
We are pleased to offer to auction this attractive end terrace building with huge potential, Facing onto Tempest Road, with views of Seaham coastline and the popular North Terrace, the building provides plenty exposure to passers-by. The accommodation comprises a main entrance lobby with double doors from Tempest Rd leading to a ground floor main space with a vaulted ceiling. A mezzanine level is accessed via stairs from both sides from the main entrance. There is a separate ground floor WC, storage cupboard and loft space.
Attached to the main hall is an additional ground floor space which currently houses a popular dog grooming business. This comprises of a separate lobby leading to an additional entrance/exit, WC, fitted kitchen/staff room, reception/waiting area, bathing/shower area and the main salon area. This part of the building benefits from gas central heating (supplied by a commercial boiler and two additional boilers) and an extraction system. There is also additional loft space accessed by loft ladders.
The whole property has benefited from new aluminium windows/double glazing with security covers on the West elevation, a fire system and alarm. A large part of the roof has also been recently renewed. PLEASE NOTE - Comprehensive designs are in place for transforming the main building into a high-end salon.
Whilst the building incorporating the dog grooming business is included in the sale, the dog grooming business is not included. There may however be an option of obtaining revenue from leasing this part of the premises to the existing dog grooming business. For further information into this option or anything else, please contact [use Contact Agent Button]
The unit previously was occupied by the Salvation Army.
In relation to the current dog grooming business, this will be closed down by the seller at completion however there is a party interested in taking a lease of the grooming business area, on that basis of internal maintenance of that unit only on an annual renewing basis with a three month notice period, at a rent upwards of £1,000 per month.
Rooms
Location
The subject property is located along Tempest Road, Seaham. It is in the town centre of Seaham and a short distance from the beach. It is within walking distance to all local amenities and also local transportation.
Accommodation
The property is approximately 3061sq/ft of storage space along with a dog grooming station situated to the side of the warehouse.
Tenure
Freehold: Title number DU324382 .
Rateable Value
The adopted rateable value is £6,600 as of April 1st 2023.
Sourced from VOA.
EPC
Rating F. Available upon reuqest.
Auctioneers Additional Comments
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 inquiry, 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 by, 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.
Auctioneers Additional Comments
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 and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
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 lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). 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 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.
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