Lot 31 - 1 Hartington Street, Consett, County Durham, DH8 6AA
- Unconditional Online Auction Sale
- Guide Price* : £145,000
4x Commercial Units
Description
- End-terraced two storey property
- Arranged as four separate commercial units
- Flexible retail, office, studio and storage accommodation
- Potential investment or owner-occupier opportunity
- Established location within walking distance of Consett town centre
- Suitable for a variety of commercial uses STPP
The property comprises an end-terraced, two-storey commercial building arranged to provide four separate units. The ground floor is split into two commercial units, one of which is currently utilised as a kitchen showroom and sales shop, providing open-plan retail/showroom accommodation. The second ground floor unit was occupied as a tattoo parlour.
At first floor level, there are two further commercial units. One was previously used as a beauticians, while the other was occupied as an electrician’s office. The first floor accommodation also benefits from mezzanine space and associated ground floor storage, providing flexible ancillary accommodation.
The property is situated on Harington Street, Consett, within close proximity to Consett town centre and the town’s main retail, leisure and commercial amenities. The surrounding area comprises a mix of retail, office, leisure and residential uses, with nearby occupiers including local shops, cafés, restaurants and service-based businesses.
Consett is a well-established market town in County Durham, serving a sizeable local and surrounding residential catchment. The town benefits from good road connections to nearby settlements including Stanley, Shotley Bridge, Leadgate and Annfield Plain, with wider access available towards Durham, Newcastle upon Tyne and the A1(M). Public transport links are also available within the town centre, providing regular bus services to the surrounding area.
The property’s position close to the town centre makes it suitable for a range of commercial occupiers, particularly those seeking accessible retail, showroom, office or service-based accommodation in an established local trading location.
1A HARTINGTON STREET - Former kitchen showroom/sales shop
127.60 sqm (1,373 sqft)
1B HARTINGTON STREET - Former tattoo studio
47.43 sqm (510.53sqft)
1C HARTINGTON STREET - Former beautician
49.92 sqm (537sqft)
1D HARTINGTON STREET - Former electricians office
62.07 sqm (668sqft)
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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