MapRetail property (high street) for sale
Features and description
- Tenure: Freehold
- Situated in the heart of Middleton in Teesdale
- Exceptional opportunity
- Formerly run as a local hardware store
- Ample charm and character throughout
- Amazing potential
- Two bedroom apartment to the first floor
Situated in the heart of Middleton in Teesdale, we offer an exceptional opportunity to own a piece of village history, as the building housing 'Raines' is available to the open market after remaining in the same family for over 50 years.
Having been run as a local hardware store, this property has great potential for other uses, be commercial or residential (subject to necessary planning consents), and has ample charm and character throughout. Perfect for those looking to breathe life back into an older building, there is also the benefit of a nicely presented two bedroom apartment accessed on the first floor.
We cannot recommend a viewing highly enough to appreciate the amazing potential this property offers. We invite you to arrange your viewing today!
Please note we have not inspected this property.
Rooms
Location
Market Place in Middleton-in-Teesdale is the heart of the village, located in the beautiful Teesdale valley in County Durham. Close to Barnard Castle, it features traditional stone buildings, local shops, and cafes. The area offers a peaceful atmosphere and serves as a starting point for exploring the stunning North Pennines, making it a popular spot for locals and visitors.
Accommodation
Stretching over an impressive 4,000 sqft across three floors, the ground floor comprises various sections laid for retail use, with a useful outbuilding providing storage. The first floor offers further retail space, a kitchenette, useful WC and a storage room. The apartment is also on the first floor and has a pleasant outlook across the market place. Boasting a good sized breakfast kitchen, lounge, two double bedrooms and a bathroom, it's ideal to move into straight away. The second floor has yet more retail space, a further storage room and a useful office.
Tenure
Freehold. Title number DU228451.
Council Tax
Band A.
Rateable Value
The current rateable value is £9,100 (1 April 2023 to present).
Sourced from VOA.
EPC
Available upon request (rating C).
Agent Notes
Utilities: Oil, electricity, water and sewerage.
Mobile Phone Coverage: O2, EE, Vodafone have limited coverage. Three has poor coverage.
Broadband Estimated Speed: Basic - 20mbps, Superfast - 80mbps, Ultrafast - 8500mbps.
Satellite/Fibre TV: Sky and BT are available. Virgin is not available.
Flood Risk: Rivers & Seas - very low.
Surface Water - very low.
Conservation: The property lies within a conservation area.
Mining: County Durham is a former mining area.
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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