For Sale By Auction | 12.00, 17 September 2019 | Lot 70

24 High Street, West Cornforth, Ferryhill, County Durham, DL17 9HR

*Guide | £20,000+ (plus fees)

  • Mixed Use
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 17/09/2019

Auction Time

12.00

Auction Venue

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

A Mid Terrace Building Arranged as a Ground Floor Shop with First Floor Storage/Ancillary Space. Potential for Conversion to Residential (Subject to Obtaining all Relevant Consents).

The property comprises a mid terrace building providing a ground floor lock up shop trading as a sweet shop with storage/ancillary space above. Both properties either side are residential dwellings thus there is potential for conversion to residential accommodation (subject to obtaining all relevant consent).

Tenure

Freehold

Location

The property is situated on a mixed use road comprising a mix of shops with uppers and fully residential buildings. The open spaces of Cornforth Community Park are within easy reach. Transport links are provided by the nearby A1(M) motorway (J61).

Accommodation

Ground Floor Shop Area 36.2 sq m (389.6 sq ft) Kitchen 4.4 sq m (47.3 sq ft) First Floor Storage/Ancillary Space with WC

Exterior

The property benefits from a rear yard with vehicular access

Tenancy

The property is subject to a Tenancy at Will trading as Sweet Treats commencing 1st April 2014 at a rent of £250 per calendar month. The rent has not been increased since the tenancy commenced.

Current Rent Reserved

Current Rent Reserved £3,000 per annum

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.