Freehold mixed use property for sale in Stanley

This property is marketed by:
Connect UK Auctions

KEY FEATURES

DESCRIPTION:

Freehold mixed use property. Comprising two shops and residential above. Circa 2,755 sq. ft. VAT is Not applicable. Future opportunities for various development, subject to all necessary consents. Vacant possession.

ACCOMMODATION:

Ground floor; two separate shops, store rooms, kitchens and W.C. Private parking at the rear. Vacant.

First Floor ; ancillary accommodation over both floors.

Outside: Rear paved area and parking. Direct access from Thorneyholme Terrace.

LOCATION:

Stanley is a town and civil parish in the ceremonial county and district of County Durham, England. Centred on a hilltop between Chester-le-Street and Consett, Stanley lies south-west of Gateshead.

VIEWING:

By appointment only. Please contact the office.

TENURE:

Freehold.

AUCTION DATE:

Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Thursday 23^rd January 2025.

The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.

UNCONDITIONAL LOT:

Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).