Close to Byron Place Shopping Centre with retailers including ASDA, Home Bargains, Specsavers and Greggs
Of interest to Owner Occupiers, Developers or Investors
Lot 38
Auction 3rd November 2022
Vacant Possession
Status Sold
Price £120,000
Sector Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
6 miles south of Sunderland, 13 miles east of Durham
Roads
A182, A19
Rail
Seaham Rail Station
Air
Newcastle International Airport
Situation
The property is situated on Church Street, an established pedestrianised retail thoroughfare within Seaham town centre. Byron Place Shopping Centre is a short walk away with retailers including ASDA, Home Bargains, Specsavers and Greggs. Other nearby occupiers include Boots, JD Wetherspoon and ALDI.
Tenure
Freehold.
Location
Miles
6 miles south of Sunderland, 13 miles east of Durham
Roads
A182, A19
Rail
Seaham Rail Station
Air
Newcastle International Airport
Situation
The property is situated on Church Street, an established pedestrianised retail thoroughfare within Seaham town centre. Byron Place Shopping Centre is a short walk away with retailers including ASDA, Home Bargains, Specsavers and Greggs. Other nearby occupiers include Boots, JD Wetherspoon and ALDI.
Tenure
Freehold.
Description
The property comprises a large shop benefitting from an extensive frontage and arranged on the ground & first floors. The property benefits from a large yard to the rear.
VAT
VAT is applicable to this lot.
Note
Please note the buyer will pay 1.5% excluding 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
6 week completion.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a large shop benefitting from an extensive frontage and arranged on the ground & first floors. The property benefits from a large yard to the rear.
VAT
VAT is applicable to this lot.
Note
Please note the buyer will pay 1.5% excluding 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
6 week completion.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Possession
Ground First
Retail/Ancillary Ancillary
347.90 225.20
(3,745) (2,424)
VACANT
Total
573.10
(6,169)
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)
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.