A commercial property presenting an excellent opportunity for investors, developers and owner-occupiers seeking a renovation project with scope to add value. Positioned within Consett town centre, the property requires a full programme of refurbishment but offers excellent potential for a variety of future uses, subject to obtaining any necessary planning consents. The accommodation briefly comprises a front commercial sales area with large display window, providing a bright retail or office space. To the rear is a kitchen area with access to a useful store room and separate WC. The first floor offers two generously sized rooms, previously utilised as ancillary accommodation, lending themselves to office space, storage or further redevelopment (subject to the necessary permissions). Externally, the property benefits from an enclosed rear yard with rear access. The building is in need of comprehensive modernisation throughout, making it an ideal project for those looking to refurbish and repurpose a character property in a central location. A versatile investment opportunity with significant scope for improvement and future income potential.

Tenure

Leasehold.

Material Information

Please copy and paste the link below into your browser for a full breakdown of material information for this property mip.tytl.com/qscUfTeZL9MpyjtLabqg6U Tenure: The property is leasehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. Council Tax: The property falls within Durham County Council. Agent Note: Please note that images supplied have been provided by the vendor and Auction House has not inspected the property. Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Durham County Council

Solicitors

Stanton & Partners SSW Solicitors, Ref: Claire Stanton, Tel: 0191 427 0770

Additional Fees

Administration Charge - £3600 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.