£65,000
Pub/bar for sale10A Church Street, Seaham, County Durham SR7
EPC Rating: E
Auction
Freehold
About this property
Commercial to ground floor
Further income potential to upper floor
Sold as seen
Buyers premium applies
Prime location
auction 14th January 13:00 ! Register your bid at
Commercial Property with Development Potential Church Street, Seaham
An exciting opportunity to acquire a well-positioned commercial property on the highly popular Church Street in Seaham. The ground floor is currently trading, providing an immediate income stream, while the upper floor offers fantastic potential for conversion. Subject to the necessary consents, the upper space could be transformed into a studio flat, Airbnb accommodation, or office space creating an additional source of revenue.
This property is offered for sale sold as seen and in partnership with I Am Sold Auction, making it an ideal investment for those seeking a versatile property in a thriving location.
Don't miss out on this chance to secure a prime spot with scope for future growth!
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Commercial Property with Development Potential Church Street, Seaham
An exciting opportunity to acquire a well-positioned commercial property on the highly popular Church Street in Seaham. The ground floor is currently trading, providing an immediate income stream, while the upper floor offers fantastic potential for conversion. Subject to the necessary consents, the upper space could be transformed into a studio flat, Airbnb accommodation, or office space creating an additional source of revenue.
This property is offered for sale sold as seen and in partnership with I Am Sold Auction, making it an ideal investment for those seeking a versatile property in a thriving location.
Don't miss out on this chance to secure a prime spot with scope for future growth!
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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Monthly repayment
£325 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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