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Newgate Street, Bishop Auckland... 5 bed terraced house for sale
Newgate Street, Bishop Auckland, County Durham, DL14
£50,000
Newgate Street, Bishop Auckland, County Durham, DL14
£50,000
Our Summary
- * Superb Commercial Property For Sale via Auction*
- We are delighted to present this larger-than-average commercial unit to the market, available via online auction with Dowen and IAM-SOLD
- This expansive property is well-suited to a wide range of commercial uses and presents a fantastic opportunity for investors, business owners, or developers
- Auction Details
- This property is offered for sale by auction in partnership with IAM-SOLD and Dowen
- Being sold via auction
- Huge potential
- Ideal investment opportunity
Description
This impressive commercial property is available for sale via online auction, offering 295 square metres of versatile accommodation across three floors in the heart of Bishop Auckland. The property, situated on busy Newgate Street, features a prominent shop frontage with direct street access, office space, kitchen, and storage areas. The layout provides flexibility for a wide range of commercial uses, including retail, office-based, or mixed commercial operations. The property has a rateable value of £16,500 and an energy performance rating of E. The current lease generates rental income up to December 2025, with a further £13,500 payment due in September before the lease is surrendered. The buyer's premium is £6,600. This is a fantastic opportunity for investors, business owners, or developers to secure a prime commercial property in a highly visible location.