Property description

For sale by Modern Method of Auction: Starting Bid Price 155,000 plus Reservation Fee.
Opportunity alert! This shop with two kitchens and storage areas is located centrally in Consett on Medomsley Road and was previously utilised as a successful cake shop and it is a great space is ideal for various uses (subject to planning). The first floor benefits from a two bedroom flat with lounge, kitchen and bathroom and could be very easily separated from the shop and achieve a rental income of around 450pcm as a minimum. EPC Grade D

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum of six months, with the exception of short-term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

COS210060/8

Shop

0 x 0

Sitting Area

6.7 x 8.8

Prep Kitchen

2.6 x 3.1

Storage

2.2 x 2.9

Storage 2

2.9 x 3.5

WC

1 x 1.7

Cooking Kitchen

2.3 x 3.9

First Floor

0 x 0

Lounge

4.1 x 4.6

Kitchen

2.3 x 3.8

Bedroom One

3.6 x 4.1

Bedroom Two

2.2 x 3.1

Bathroom

1.6 x 2.5

Externally

0 x 0

Floorplan

0 x 0

Ground Floor

0 x 0

Flat

0 x 0

Auction Terms

0 x 0 - 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. Upon close of a successful auction or if the vendor accepts an offer during the auction, there is no fee taken by the auctioneer however the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of 5,000.00 + VAT ( 1,000.00) = ( 6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which (truncated)
Amenities

Modern Method Auction Terms Apply

Shop And First Floor Flat

EPC Grade D

Two Bedrooms