Lot 97 - 22 Dean Street, Shildon, County Durham, DL4 1EZ

  • Unconditional Online Auction Sale
  • Guide Price* : £49,950

Two storey hot food takeaway

Description

Available is a two storey hot food takeaway premises, situated on Dean Street in Shildon, which is located between the town centre High Street and Shildon Football ground, which can host c.2000 spectators during games. The ground floor consists of the trading room with additional rooms for storage/cooking. The first floor has space for further storage as well as a W.C. There is also a small yard at the rear of the property. The property is fully equipped and benefits from having hot food and takeaway licenses.

Shildon is situated approximately 2 miles southeast of Bishop Auckland and about 11 miles northwest of Darlington. Shildon is a small, traditional town with a mix of traditional housing and modern developments. There are a lot of local amenities that give the place a great community feel. Shildon benefits from close-by transport links as well as being close to the A1(M). Shildon has recently had redevelopments to modernise parts of the town while still maintaining the historical charm.

Ground Floor: 39.47sqm (425sqft)
First Floor: 21.41sqm (230sqft)
Total: 60.88sqm (655sqft)

ADDITIONAL TERMS
1. This lot is for sale subject to unconditional auction terms.
2. If the reserve price is met or exceeded, contracts will exchange with immediate effect upon the close of the auction.
3. Following exchange of contracts, parties have 28 days in which to complete the purchase (unless specified otherwise in the special conditions).
4. A non-refundable deposit of 5% is payable within 1 hour of the auction closing.
5. The winning bidder is to make payment to the auctioneer a reservation fee of 6% including VAT subject to a minimum of £6,000 including VAT. The reservation fee is payable in addition to the purchase price and is payable within 1 hour of the auction closing.
6. An administration charge of £714 including VAT is payable by the successful buyer within 1 hour of the auction closing.
7. A legal pack has been provided by the seller’s solicitor and is available to download. We strongly recommend reviewing this thoroughly and discussing any queries with your solicitor prior to bidding.
8. I acknowledge that the seller may accept my bid at any time prior to the scheduled auction end date.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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0191 563 4242

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