For Sale By Auction | 12.00, 31 July 2019 | Lot 55

22 Seaside Lane, Easington Colliery, Peterlee, County Durham, SR8 3PG

Sold £18,000

  • Commercial Property
  • Tenure: Virtual Freehold. The property is held on a 999 year lease.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 31/07/2019

Auction Time

12.00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

Viewing Times:

Tue 16 Jul

11:00-11:30

Sat 20 Jul

14:45-15:15

Thu 25 Jul

11:00-11:30

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.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

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