Lot 7 - 30 Church Street, Shildon, County Durham, DL4 1DX
- Unconditional Online Auction Sale
- Guide Price* : £70,000
Substantial retail/office premises
Description
Occupying a prominent end-of-terrace position, this substantial commercial property offers extensive retail accommodation together with office, storage and servicing facilities, making it suitable for a range of retail, trade counter and commercial uses.
The property comprises a prominent end-of-terrace commercial building offering a substantial ground floor retail unit with excellent frontage and strong visibility. The accommodation is well configured to provide flexible retail space, suitable for a variety of occupiers and commercial uses, subject to any necessary consents. In addition to the main retail area, the property benefits from mezzanine office accommodation together with useful ancillary storage space located at first floor level, providing practical back-of-house facilities to support day-to-day business operations. The first floor is further enhanced by the inclusion of a goods lift, allowing for efficient movement of stock and equipment between floors.
Externally, the property benefits from a rear service road which provides convenient vehicular access for loading and unloading, making the premises particularly well suited to retail, trade counter, storage or distribution-related uses. The combination of versatile accommodation, servicing facilities and prominent positioning presents an excellent opportunity for owner occupiers, investors or expanding businesses alike.
The property occupies a convenient position on Church Street, within the heart of Shildon town centre, providing easy access to a wide range of local amenities including supermarkets, cafés, takeaways, the Post Office and other everyday services. The property is well placed for public transport links, with Shildon railway station and local bus routes within walking distance.
Shildon is ideally situated for commuting, lying approximately 2.5 miles south-east of Bishop Auckland and around 7 miles from the A1(M), offering excellent road connections to Darlington, Durham and the surrounding areas.
Accommodation:
Ground Floor Retail Unit – 238.8sqm (2,570sqft)
Mezzanine Office – 9.8sqm (105sqft)
First Floor Ancillary Accommodation
Store and Canteen – 92.9sqm (1,000sqft)
Ladies and Gents W.C.s
NIA approx. 341.4sqm (3,675sqft)
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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