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Commercial

Mandale Road, Thornaby, TS17

£185,000Available

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About Mandale Road, Thornaby, TS17

Retail unit plus offices available For Sale or To Let.

Detached showroom/ workshop with upper floor office space and basement.

Also including parking for 3 cars.

Versatile space suitable for a variety of uses (subject to local planning permission).

Set on three floors (plus basement), with a ground floor showroom and additional workshop.

The workshop is accessed to the side of the building where it is possible to drive a car in.

To the first and second floor there are offices, WC facilities and a kitchen.

Located in Mandale triangle, close to Thornaby Train Station in a prominent position on a busy road.

Next to the A66 and within easy reach of the A19.

Accommodation

271.1 sq mtr (approx) 2918 sq ft (approx)

More Information

Detached Retail Unit

£185,000 for sale or £18,000 pa to rent

Ground Floor Retail

Upper floor Offices/ Storage

Workshop/ Garage

Parking

Business Rates

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

Tenure

Freehold sale - Leasehold

Proposed Terms

Leasehold Offers invited £185,000

Legal Costs

For a lease - An ingoing tenant will be responsible for our Client's reasonable 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.

Auctioneers Notes

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction.

The Modern Method of Auction is a flexible buyer friendly method of purchase.

We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete.

Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market.

The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed.

Copies of the Reservation from and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.

Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change.

Terms and conditions apply to the Modern Method of Auction, which is operated by The Great North Property Auction powered by iam-sold Ltd

Notes

All measurements are approximate and are for guidance purposes only.

Council Tax Information

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

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