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Commercial

Horden, SR8

Starting Bids 68,000 ()Available

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About Horden, SR8

For sale by Modern Method of Auction - Starting Bids 68,000 - Reservation fee applies.

Modern, two storey detached building with flexible usable space currently providing office accommodation.

The property benefits from 4 demised car spaces to the rear.

The property is located on Sunderland Road (A1086) the arterial road linking Horden and Peterlee, within an area of mixed residential and commercial occupation.

Horden is a small town adjacent to Peterlee, 13 miles to the South of Sunderland and 20 miles North of Middlesbrough.

There is good access to the A19 which is less than 3 miles west.

The property would be suitable for a number of uses including children's daycare, office, veterinary practice etc...

There is also the potential to develop the property into residential accommodation, subject to the necessary planning consents.

We recommend interested parties satisfy themselves as to the potential for necessary consents for their proposed use.

For Sale By The Modern Method Of Auction - Offices With Development Potential - Buyer&Apos;S Reservation Fee Applies -

FOR SALE BY THE MODERN METHOD OF AUCTION - OFFICES WITH DEVELOPMENT POTENTIAL - BUYER'S RESERVATION FEE APPLIES -

Accommodation

Net internal floor area: 1,410 sq ft (130.94 sq m)

Current configuration -

Ground floor - entrance, reception, 4 offices, staff room/kitchen and wcs.

First floor - 2 offices and kitchen facility

Business Rates

Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.

Legal Costs

The ingoing purchaser will be responsible for their own legal costs incurred in connection with this transaction together with any Stamp Duty and VAT where applicable.

Vat

All offers where made silent of VAT are deemed to be made exclusive thereof.

Notes

All measurements are approximate and are for guidance purposes only.

Auctioneers Note

This property is for sale under Traditional Auction terms.

Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.

On exchange of contracts, the buyer is required to make a payment of a 10% deposit, sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT, subject to a minimum of 6,000.00 including VAT.

The Reservation Fee is paid in addition to the agreed purchase price and is considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Local Area Information

You can find out information on your local area by using the option below:

Council Tax Information

You can find out your council tax band by using the option below:

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