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Vacant Takeaway/Tenanted Maisonette In Bishop Auckland For Sale

Bishop Auckland, County Durham, UK
Asking Price:
£120,000
Turnover:
Available on request
Net Profit:
Available on request

12 Fore Bondgate, Bishop Auckland, DL14 7PF

Ground-floor vacant takeaway with tenanted two-bedroom maisonette. Maisonette let at £10,800 per annum, takeaway vacant. Floor area: 166 sq. m. (1,787 sq. ft.). Suitable for a variety of uses. Freehold three-story property. Ideal investment opportunity or owner-operator. High street location within town centre.

EPC rating: C.

Auction Guide Price: £120,000 +

Ref I006

Live Auction on Thursday, May 2024, Option 1
For Sale by Auction. Terms and Conditions apply; see
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level at which the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays £2,000 + VAT (total £2,400)

Property Information

Property:

Freehold

Location:

The property fronts onto both Fore Bondgate and Finkle Street within the market town of Bishop Auckland, which is home to the award-winning open-air show Kynren held on Saturdays from late June to mid-September brining thousands of visitors to the town.
Durham City centre is approximately 12 miles North East from
Bishop Auckland

Premises Details:

Description
A mid terrace three storey property with pitched roof / flat roof extension, consisting ground floor hot food takeaway with two bedroom flat over the first and second floors.
The takeaway is accessed via both Fore Bondgate and Finkle Street, with the flat accessed via Finkle Street only.

Area sq. m. sq. ft.
Ground Floor
Service Area 37.03 398.59
Kitchen 29.97 322.62
Store / Prep 9.68 104.25
W.C 2.20 23.76
Total 78.89 849.22
First Floor
Living Room 21.70 233.61
Kitchen 7.95 85.61
Bedroom 12.71 136.89
Shower / W.C 4.23 45.61
Store 12.35 133.04
Total 58.97 634.76
Second Floor
Bedroom En-suite 28.21 303.68
Net Internal Area 166.07 1,787.66

Rental Income / Tenant
The flat is let at £900 p/c/m to a private tenant.
The takeaway is vacant.

Tenure
Freehold

Auction Guide Price
£120,000 +

Viewing
Strictly by appointment through this office.

Notice
The front photo was provided by the vendor, not dated. All other Photos were taken by RMS the end of April 2024.

Rateable Value
The 2024 Rating List entry is Rateable Value £5,500.
As the RV is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.

Council Tax Band
Not assessed

Title number
DU134635

Auction
Live online auction, bidding starts Thursday 30th May 2024, terms and conditions apply, see website www.agentspropertyauction.com

Legal Pack
For a full legal pack on this property please contact: The Agents Property Auction: 01661 831360

Important Notice
1. Particulars above are not a contract or offer or part of one. You should not rely on statements by Rook Matthews Sayer in the particulars or by word of mouth or in writing as being factually accurate about the property/business, its condition or its value.

Rook Matthews Sayer has no authority to make any representations about the property, and accordingly any information given is entirely without responsibility. Any reference to alterations to, or use any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 2. The photographs show only parts of the property as they appeared
at the time taken. 3. Any areas, measurements and distances given are approximate
only. 4. Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the
auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000 +VAT (total £2,400) Auction Administration Fee. Joint Agents: The Agents Property Auction Ltd.

Size in square feet:
1,787
Energy Performance Rating:
C  View EPC Graph for this property

Other Information

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