For Sale By Auction www.agentspropertyauction.com
LIVE ONLINE AUCTION 30th SEPTEMBER 2024
bidding opens 24 hours beforehand.
OPTION 1
An ideal opportunity for the property investor, this is a substantial end terraced previously run as a Chinese Takeaway and with the potential of conversion into an HMO, single occupancy dwelling or into flats/apartments.
With a basement area and useful loft space the property briefly comprises on the ground floor; entrance hallway, good size main shop/takeaway waiting area, large kitchen, and a storage area with stairs leading down to the cellar. To the first floor there are three bedrooms and a large bathroom/w.c. In the loft there are two further rooms, the loft is accessed via a loft ladder. there is a large yard to the rear and a garage accessed via the rear service road.
Option 1 - On the fall of the gavel contracts are deemed to be exchanged and the successful buyer must immediately pay a 10% deposit (subject to a minimum of £3,000). Completion must occur in 28 days. Legal Packs are available to view prior to bidding and it is recommended that potential buyers view these and consult a legal representative prior to bidding taking particular notice of any Special Conditions of sale.
Agents notes:
Connected to Mains Water, Gas, Electricity and Sewerage
Estimated Broadband Download speeds - Standard 13 MBPS, Superfast 80 MBPS, Ultrafast 1000
Coverage for all major mobile phone networks (O2, EE, 3 and Vodaphone)
BT and Sky Satellite and Cable TV available
Selective License area - No
Flood Risk: Rivers and seas-no risk, surface water-low.
Covenants: There are standard restrictive covenants that effect the property
Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by JWW. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property. For sale by auction see www.agentspropertyauction.com
Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.
Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
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