SUBSTANTIAL FREEHOLD BUILDING CLOSE TO UNIVERISTY AND WITH PLENTY OF POTENTIAL

A large three storey building which in recent years has been used as office accommodation. Holding many options of which include, but are not limited to, refurbish of office use, residential accommodation for students or luxury apartments all of which are subject to correct planning gained. In walking distance of University of Teesside and Albert Park, this property is in a prime location for all opportunities it may hold. The current gross internal floor space measure approximately 1,442 sq ft to the ground floor with 1,442 sq ft to the first floor and 1,174 sq ft to the second floor offering a total approximate floors space of 4,058 sq ft. We have attached a floorplan to the pictures of this listing and the internal (again approximate) room sizes listed below are noted by the room number on the plan. Viewings will be available and due to the expected levels of interest this listing will bring, we encourage all parties to contact us immediately. We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (15th July), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 28days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on 01642 931060. Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed ID checks have been received at teesvalley@auctionhouse.co.uk. for any further assistance, please do not hesitate to contact us in the office.

Tenure

Freehold

Ground Floor

Room 005 – 5.73m x 5.94m Room 014 – 4.18m x 3.29m Room 013 – 2.35m x 3.29m Room 011 – 4.27 x 2.32m Room 009 – 2.41m x 2.23m Room 007 - 4.09m x 4.81m

First Floor

Room 023 – 5.27m x 3.23m Room 022 – 4.23m x 2.86m Room 021 – 4.17m x 5.42m Room 017 – 5.30m x 3.26m Room 025 – 4.14m x 5.00m

Second Floor

Room 034 – 4.31m x 4.06m Room 033 – 3.25m x 2.09m Room 032 – 3.25m x 2.05m Room 031 – 4.18m x 3.06m Room 030 – 2.76m x 3.29m Room 036 – 4.09m x 5.02m

Auctioneers Notes

Property construction – Standard Electricity supply – Mains Water supply – Mains Sewerage – Mains Heating – Gas Broadband - Standard Speed – 13 mbps Mobile signal / coverage – O2 /Three/EE – Very Good /Vodafone –Good Parking – On Street Building Safety – See Legal Pack - Restrictions –-- Yes – Albert Park and Linthorpe Road Conservation area - See Legal Pack Rights and easements - See Legal Pack Flood risk – Very Low Coastal erosion – Very Low Planning permission – See Legal Pack Accessibility / adaptions – See Legal Pack Coalfield or mining area - See Legal Pack

Viewings

Please contact Auction House North East on 01642 931060 for the viewing schedule

Services

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

Local Authority

Middlesbrough Council

Solicitors

Legal Services - Middlesbrough Council, Ref: Legal Services - Middlesbrough Council

Additional Fees

Buyer's Premium - 1.8% inc VAT of the purchase price, subject to a minimum of £3000 inc VAT, payable on exchange of contracts.

Administration Charge - £1800 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.