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Withdrawn | Lot 0

Grove Street Garage, Grove Street, Stockton-On-Tees, Cleveland, TS18 3JA

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  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 0191 908 9691 for more information

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Auction Date

Tue 10/04/2018

Auction Time

19:00

Auction Venue

Ramside Hall Hotel Carrville, Durham, DH1 1TD

Viewing Times:

Wed 28 Mar

15:30-16:00

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INVESTOR / DEVELOPMENT OPPORTUNITY. THREE LIGHT INDUSTRIAL WORKSHOPS

This fabulous tenanted investment opportunity has potential for residential development if proposed planning submitted. Situated in close proximity to Stockton Town Centre and just off Yarm Road are these light industrial workshop units with an annual income of £5,980 per annum. Long term tenants occupy units A and B with a floor space of 215.3 sq m. Unit C is currently vacant and would increase the annual income once let with a floor space of 84.2 sq m. Total combined floor space for the property is 299.5 sq m.

Tenure

See Legal Pack

Viewing

BY APPOINTMENT ONLY Please call Auction House North East on 01642 931060

Services

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

Local Authority

Stockton-on-Tees Borough Council

Solicitors

Hunt & Wrigley Solicitors, 83 High Street, Northallerton, DL7 8PX, Tel: 01609 772502

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 - £900 inc VAT payable on exchange of contracts.

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

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0191 908 9691

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The Qube, Winward Way, Middlehaven, TS2 1QG

01642 931060

teesvalley@auctionhouse.co.uk

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.