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A Vacant Three Storey Mid Terrace Building Arranged as a Ground Floor Shop with Office/Ancillary Space Over First & Second Floors. Potential to Convert Upper Floors to Residential (Subject to Obtaining all Relevant Consents).
The property comprises a mid terrace building providing a ground floor lock up shop most recently used as a Funeral Directors with office/ancillary space to the first and second floors. The property requires a program of refurbishment but offers potential for conversion of the upper floors to residential accommodation (subject to obtaining all relevant consent).
Tenure
Virtual Freehold. The property is held on a 999 year lease.
Location
The property is situated within an established parade predominantly occupied by local traders. Nearby multiples include Boots and Co-op. Durham Heritage Coast is less than a kilometer away.
Accommodation
Ground Floor Shop/Storage Area: 42.8 sq m (460 sq ft) First Floor Three Office Rooms and Ancillary Space 40.6 sq m (437 sq ft) Second Floor Office/Ancillary Space 18.8 sq m (202.3 sq ft)
Exterior
The property benefits from a rear yard.
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.