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Lot 5 - 101 Front Street, Stanley, County Durham, DH9 0TB

  • Unconditional Online Auction Sale
  • Guide Price* : £70,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 3

Description

Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 24th April this larger than average former department store, which is set over three floors.

The larger than average premises has immediate access off the Front Street, into a generous sized ground floor retail unit area, leading to a secondary shop area, with changing rooms and additional storage space. There is a stairwell, that takes you to the first floor, with large shop space to front, rear and side with an additional kitchen and stairwell. To the lower ground floor are two large storage areas, with kitchen and cloaks W.C.

The property is located at the top of the Front Street in Stanley High Street, close to Asda, Iceland and the Leisure Centre, with free parking immediately behind the building and would present itself as either a retail unit or potentially serviced office space, if the correct planning permission could be obtained.

Currently the property has a rateable value of £14,000.

Priced to sell, the property on offer, would be a fantastic purchase and an internal viewing of the site is recommended. Viewings strictly by appointment only.

EPC rating TBC.

For more information, please contact Moovd directly.

Lower Ground Floor Storage 1 -

Lower Ground Floor Storage 2 -

Kitchen -

Wc -

Stairwell -

Ground Floor Shop - 9.34m x 8.33m (30'7" x 27'3") -

Ground Floor Rear Shop - 11.79m x 8.42m (38'8" x 27'7") -

Rear Stairwell To Lower Ground Floor -

Changing Room -

Rear Store - 3.61m x 3.33m (11'10" x 10'11") -

Stairwell To First Floor -

First Floor Front Shop - 9.47m x 8.26m (31'0" x 27'1") -

First Floor Rear Shop - 12.81m x 8.29m (42'0" x 27'2") -

Storage - 4.66m x 3.79m (15'3" x 12'5") -

First Floor Kitchen - 4.75m x 3.29m (15'7" x 10'9") -

Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.

Option A - Online Unconditional Auction:

The above property is offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting to £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

* 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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Joint Agent

Sylvester Properties
01207 262111

Office Contact

Grant Lowes
01919097020

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