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Commercial

Chilton, DL17

140,000 Starting BidsAvailable

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About Chilton, DL17

STARTING BIDS 140000- THIS PROPERTY IS FOR SALE BY THE MODERN METHOD OF AUCTION *** FOR SALE BY MODERN METHOD OF AUCTION - RESERVATION FEE APPLIES The premises comprise of a freehold detached building and surfaced car park occupying a site extending to approximately 0.13 hectares (0.33 acres) in total.

Previously utilised as Chilton Medical centre and more recently housing offices and beauty based ventures.

Potential for change of use/ redevelopment subject to obtaining all necessary consents.

Location

The property is located on the east side of Durham Road, to the south of its junction with The Crescent. The A1 (M) is situated within easy reach for easy commuting with rail services running from Darlington and Durham stations to the north and south respectively.

Accommodation

Freehold Sale

Modern Auction

Detached former Health Centre

Currently Offices and Beauty Rooms

Surfaced Car Park

Starting Bids 140,000

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

Freehold for sale by modern auction.

Starting bids 140,000.

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.

Auctioneer 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

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:

Front+External (Main)
External+Rear External+Side+Aspect Car+Park Front++Internal+Entrance Kitchen Barbers+at+Rear Salon Office Office Reception+Hall

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