COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 27 October 2020 | Lot 105

Former West End Post Office, 2 Parker Terrace, Ferryhill, County Durham, DL17 8JY

*Guide | £140,000+ (plus fees)

  • Mixed Use
  • 3 Bedrooms

Call the team on 020 7625 9007 for more information

Auction Date

Tue 27/10/2020

Auction Time

12:00

Auction Venue

Live Stream Only

A Freehold Mixed Use Building with Enclosed Yard Area and Two Storey Outbuilding Subject to an FRI Lease for £20,800 per annum

The property comprises a semi detached building internally arranged to provide two ground floor retail units and a three bedroom self contained flat above.

Location

The property is located on a main road close to local shops and amenities as well as an Amazon warehouse situated approximately 4 miles from the property. Numerous green open spaces are also within close proximity. Transport links are provided by the A1 (M) motorway.

Accommodation

Ground Floor Two Retail Areas Four Rooms Kitchen Area Two WC's First Floor Reception Room Kitchen Three Bedrooms Bathroom Outbuilding Three Rooms Kitchen WC Storage Room

Exterior

The property benefits from a two storey outbuilding and a rear yard.

Tenancy

The property is subject to an FRI commercial lease for a term of 10 years from 13th June 2018 at a rent of £1,733.33 per calendar month.

Current Rent Reserved

Current Rent Reserved £20,800 per annum

The property has not been internally inspected. All information has been supplied by the vendor.

Services

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

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

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