Guide price
£140,000
Retail premises for saleHigh Street, Easington Lane, Houghton Le Spring DH5
About this property
Located in the heart of the bustling community of Easington Lane
Currently utilised as a thriving convenience store / deli establishment
Brilliant opportunity to buy into the bustling market of Easington Lane
Vacant
Summary
On offer is an excellent opportunity to own a mixed use business premise located in the heart of the bustling community of Easington Lane, Houghton Le Spring. Currently utilised as a thriving convenience store / deli establishment, this commercial property provides the potential for sustained business operation or venue transformation to fit a different business preference.
The property occupies a prime position in Easington Lane, ensuring a consistent footfall driven by the high street's active footfall and the constant influx of consumers from the local community. The location enjoys good transport links including close proximity to public transportation services, making it easily accessible for patrons travelling from both local and wider areas.
The building consists of ground floor commercial space with ground floor WC, external brick outbuilding, stairs leading to a 2 bedroom maisonette - Both with vacant possession.
Given the vibrant community surrounding and the desirable facilities included, this property offers a brilliant opportunity to buy into the bustling market of Easington Lane. With dedicated management, this commercial space could easily bolster its reputation as a mainstay of Houghton Le Spring's social scene.
Further information and viewing arrangements can be obtained from the Pattinson Estate Agents' office. Please don't hesitate to reach out and seek this fantastic commercial opportunity based in the United Kingdom.
Location
The property occupies a prime position in Easington Lane, ensuring a consistent footfall driven by the high street's active footfall and the constant influx of consumers from the local community. The location enjoys good transport links including close proximity to public transportation services, making it easily accessible for patrons travelling from both local and wider areas.
Accommodation
The building consists of ground floor commercial space with ground floor WC, external brick outbuilding, stairs leading to a 2 bedroom maisonette - Both with vacant possession.
Tenure
Freehold. Title number TY388390
Rateable Value
The adopted rateable value is 3,600 as of 1 April 2023. Sourced from voa
EPC
We currently await a copy of the EPC
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
On offer is an excellent opportunity to own a mixed use business premise located in the heart of the bustling community of Easington Lane, Houghton Le Spring. Currently utilised as a thriving convenience store / deli establishment, this commercial property provides the potential for sustained business operation or venue transformation to fit a different business preference.
The property occupies a prime position in Easington Lane, ensuring a consistent footfall driven by the high street's active footfall and the constant influx of consumers from the local community. The location enjoys good transport links including close proximity to public transportation services, making it easily accessible for patrons travelling from both local and wider areas.
The building consists of ground floor commercial space with ground floor WC, external brick outbuilding, stairs leading to a 2 bedroom maisonette - Both with vacant possession.
Given the vibrant community surrounding and the desirable facilities included, this property offers a brilliant opportunity to buy into the bustling market of Easington Lane. With dedicated management, this commercial space could easily bolster its reputation as a mainstay of Houghton Le Spring's social scene.
Further information and viewing arrangements can be obtained from the Pattinson Estate Agents' office. Please don't hesitate to reach out and seek this fantastic commercial opportunity based in the United Kingdom.
Location
The property occupies a prime position in Easington Lane, ensuring a consistent footfall driven by the high street's active footfall and the constant influx of consumers from the local community. The location enjoys good transport links including close proximity to public transportation services, making it easily accessible for patrons travelling from both local and wider areas.
Accommodation
The building consists of ground floor commercial space with ground floor WC, external brick outbuilding, stairs leading to a 2 bedroom maisonette - Both with vacant possession.
Tenure
Freehold. Title number TY388390
Rateable Value
The adopted rateable value is 3,600 as of 1 April 2023. Sourced from voa
EPC
We currently await a copy of the EPC
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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