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Property for Auction in North East - 70 & 72 Church Street, Shildon, County Durham DL4 1DY

70 & 72 Church Street, Shildon, County Durham DL4 1DY

£120,000
Commercial
About this Property
2024-10-29
120000
Traditional
Commercial
Description

STOP! DON'T MISS OUT ON THIS MIXED USE PROPERTY - 70, 72 & GARAGE - CHURCH STREET SHILDON Huge potential lies with these properties to be sold as one lot in the auction. VIEWING IS A MUST. Recently these properties have had a scheme of refurbishment including a new roof and to a good standard. To be sold with the opportunity for a new investor/developer to purchase and complete with their own stamp. Sold as one lot but under two titles due to an internal connection in both the loft and cellar with the garage split also between the titles. By offering as one lot and on two titles, this again brings huge potential to the new owner to either build walls in the loft, cellar and garage and selling on as two properties. Viewing is highly recommended to see the standards of work complete this far, the sheer size of the property and more importantly, the potential it holds. Number 70 is currently a mixed use property with a commercial premises on the ground floor including retail space, store room and WC with a one bedroom flat on the first floor with access via a fixed staircase to the loft space. The flat accommodation comprises open plan lounge/kitchen, one bedroom and bathroom. Both properties in 70 Church Lane have gas central heating individually. 72 Church Lane is undergoing a refurbishment to the ground floor for a studio flat, whereas the first floor is complete to the one bedroom flat currently tenanted producing £4800 per annum. Both properties benefit from space within the garage. VIEWING IS A MUST. Tenure Freehold Auctioneers Notes - 70 Church Street Property construction – Standard Electricity supply – Mains Water supply – Mains Sewerage – Mains Heating – Gas Broadband - Standard Speed –16 mbps Mobile signal / coverage – Vodafone /O2 – Very Good/EE/Three – Good
Parking – Garage Building Safety – See Legal Pack - DM/17/02263/FPAStatus: Not Available Conversion Of Mid-Terrace To 2No. Studio Flats - 7/2009/0386/DMStatus: Not Available Change Of Use From Dental Practice To Residential Dwelling (Use Class C3) Restrictions – See Legal Pack Rights and easements - See Legal Pack Flood risk – Low Coastal erosion – No Risk
Planning permission –- See Legal Pack Accessibility / adaptions – See Legal Pack Coalfield or mining area - See Legal Pack Auctioneers Notes - 72 Church Street Property construction – Standard Electricity supply – Mains Water supply – Mains Sewerage – Mains Heating – Gas Broadband - Standard Speed –16 mbps Mobile signal / coverage – Vodafone /O2 – Very Good/EE/Three – Good
Parking – Garage Building Safety – See Legal Pack
Restrictions – See Legal Pack Rights and easements - See Legal Pack Flood risk – Low Coastal erosion – No Risk
Planning permission –- See Legal Pack Accessibility / adaptions – See Legal Pack Coalfield or mining area - See Legal Pack Viewings Please contact Auction House North East on 01642 931060 Services Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services. Local Authority Durham County Council Solicitors HNW Law, Suite 17, Ref: HNW Law, Tel: 01642 050800 Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - £1200 inc VAT payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Location
More Information
Freehold
Church Street
Planing Authority
County Durham LPA
Sold Price History

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