COMMERCIAL OPPORTUNITY IN THE HEART OF BARNARD CASTLE

This rare opportunity offers huge potential for you serious investor / developers. A good amount of refurbishment work has already been undertaken, and with a little further inspiration and time, you a sure to end with a excellent commercial property. Partly renovated to accommodate a small bar/hospitality setting with ample room on the external terrace for outdoor seating, This property is certainly lending itself to numerous possibilities in this sector. Viewing is essential in order to see the vision of a completely unique and quirky commercial opportunity. Accommodation is spread over two floors with already mentioned outdoor terrace. The ground floor provides a bar area with a WC / Washroom area available to the first floor. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (9th April), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 28 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on 01642 931060. Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms and documentation has been received at teesvalley@auctiohouse.co.uk. for any further assistance, please do not hesitate to contact us in the office.

Tenure

Freehold

Ground Floor

Entrance Vestibule Bar Area - 8.25m x 5.65m

First Floor

Landing WC - 1.05m x 1.56m Room One - 1.62m x 2.72m Room Two - 1.95m x 1.98m

External

Outdoor Terrace Area L-Shaped - 9.57x 4.35m + 11.00m x 3.00

Viewing

Please call Auction House North East on 01642 931060 for viewing schedule

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Durham County Council

Solicitors

Merritts Solicitors, 83 High Street, Ref: Merritts Solicitors

Additional Fees

Buyer's Premium - £2100 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.