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Commercial

Station Road, TS23

Starting Bids 22,000Available

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About Station Road, TS23

For sale by Modern Method of Auction; Starting Bid Price 22,000 plus Reservation Fee.

Mid Terrace ground floor shop unit situated on the east side of Station Road, within a busy neighbourhood shopping district of Billingham.

With easy access to the A19, A66 and A690.

Accommodation (555 sq ft / 51 sq mtrs (approx)comprises of Retail shop area, staff area/ stores and WC to the rear.

The rear exit door opens with direct access to the public carpark at the rear of the premises.

Suitable for a variety of uses, subject to local planning permissions.

Location

Billingham is a town that lies north of the River Tees in the borough of Stockton on Tees. The area has excellent road communications with the A19, A66 and A690 providing excellent access to the Team Valley area and the A1(M).

Accommodation

555 sq ft (approx) 51 sq mtrs (approx)

More Information

Freehold Retail Unit

Retail

Busy Neighbourhood Parade

Modern Auction

Starting Bids 22,000

Business Rates

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

Tenure

Freehold

Proposed Terms

FOR SALE BY MODERN METHOD OF AUCTION - BUYER'S PREMIUM/RESERVATION FEE APPLIES

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 Notes

This property is for sale by the Modern Method of Auction.

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

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.

This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.

This being 4.2% of the purchase price including VAT, subject to a minimum of 6,000.00 including VAT.

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

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property.

The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.

A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of 220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

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:

External (Main)

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