For Sale By Auction | 10:30, 14 September 2021 | Lot 110

8-10 Parsons Street, Blyth, Northumberland, NE24 1BN

*Guide | £115,000+ (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 14/09/2021

Auction Time

10:30

Auction Venue

Live Stream

Viewing Times:

Fri 3 Sep

14:00-14:30

Mon 6 Sep

14:00-14:30

Wed 8 Sep

14:00-14:30

Fri 10 Sep

14:00-14:30

A Vacant Ground Floor Restaurant

The property comprises a ground floor restaurant (A3 use) with storage space and staff residential accommodation on the first floor situated within an end of terrace building arranged over ground and first floors.

Tenure

Freehold

Location

The property is situated in the town centre of Blythe close to local shops and amenities. The open spaces of Ridley Park are within easy reach. Transport links are provided by the A189.

Accommodation

Ground Floor Restaurant/Bar (52 covers) First Floor WC Storage Room Three Bedrooms Total GIA 180sq m (1,937 sq ft)

We have been advised that the property has an ERV of £17,800 per annum.

Services

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

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

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