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Our Summary
- INVESTMENT OPPORTUNITY
- FOR SALE VIA TRADITIONAL AUCTION * GUIDE PRICE £100,000 * BIDDING CLOSES 16 SEPTEMBER 2PM * FOR BIDDING AND LEGAL INFORMATION PLEASE VISIT HUNTERS
- There is potential for the two upper floors to be separated into two flats, subject to relevant consents and planning
- NOTE FOR BUYERS:Traditional Online Auction Information:Please note: this property is for sale by Traditional Online Auction
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Description
This three-storey commercial property is being sold via traditional online auction with a guide price of £100,000. The property, formerly a Lloyds bank, retains its original architectural frontage and bank vault. The ground floor has a large retail space with kitchen and WC, while the basement provides storage space and the second and third floors are a spacious three-bedroom flat with separate rear access.
The property has potential for the upper floors to be converted into two separate flats, subject to relevant consents and planning. Located on Newgate Street in Bishop Auckland, the property is close to the train station and bus routes, and is surrounded by a variety of popular businesses, banks, and restaurants. The property is being sold with fees applying, including a 10% buyer's premium and an additional £2,400 (incl.
VAT) fee. The property will be sold to the highest bidder, subject to a reserve price.