For Sale By Auction | 09:45, 08 December 2021 | Lot 124

2 Ship Inn Yard, Stockton-on-Tees, Cleveland, TS18 1BX

Sold £29,000

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 08/12/2021

Auction Time

09:45

Auction Venue

Live Stream

A Commercial Investment Producing £3,360 Per Annum

The property comprises a ground floor retail unit with first floor ancillary accommodation situated within a mid terrace building arranged over ground and first floor levels.

Tenure

Freehold

Location

The property is situated on a pedestrianised road close to local shops and amenities. The open spaces of Ropner Park are within easy reach. Transport links are provided by Stockton rail station.

Accommodation

Ground Floor Retail Unit First Floor Storage Staff WC Area GIA Approx. 452 sq ft

Tenancy

The property is let on a lease for a term of 9 years commencing 1st February 2020 at a rent of £3,360 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.