Prominent position adjacent to the Newgate Shopping Centre
Nearby occupiers include Sports Direct, Greggs and Boots the Chemist
Approx. 4,424 sq ft
VAT-free property
Lot 35
Auction 17th February 2022
Vacant Possession
Status Sold
Price £130,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
10 miles south of Durham, 11 miles north-west of Darlington
Roads
A68, A688, A1(M)
Rail
Bishop Auckland
Air
Newcastle Airport
Situation
Bishop Auckland is a market town approximately 10 miles south of Durham. The property is situated in a prominent position on Newgate Street adjacent to the Newgate Shopping Centre. Nearby occupiers include Sports Direct, Greggs and Boots the Chemist.
Tenure
Freehold.
Location
Miles
10 miles south of Durham, 11 miles north-west of Darlington
Roads
A68, A688, A1(M)
Rail
Bishop Auckland
Air
Newcastle Airport
Situation
Bishop Auckland is a market town approximately 10 miles south of Durham. The property is situated in a prominent position on Newgate Street adjacent to the Newgate Shopping Centre. Nearby occupiers include Sports Direct, Greggs and Boots the Chemist.
Tenure
Freehold.
Description
The property comprises a three storey building arranged as a ground floor shop with ancillary accommodation at the basement, first, second and third floor.
VAT
VAT is not applicable to this lot.
Note
Please note the buyer will pay 2% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a three storey building arranged as a ground floor shop with ancillary accommodation at the basement, first, second and third floor.
VAT
VAT is not applicable to this lot.
Note
Please note the buyer will pay 2% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.