Lot 1 - Fir Terrace, Burnopfield, Newcastle upon Tyne, Tyne and Wear, NE16 6DP
- Unconditional Online Auction Sale
- Guide Price* : £90,000
- Bedrooms: 1
- Bathrooms: 1
- Reception Rooms: 1
Description
Moovd Online Property Auctions are pleased to offer For Sale via Option A – Unconditional Online Auction on 1st May 2025 this detached commercial unit (previously a café).
The accommodation is a light and airy building, located on the outskirts of Burnopfield on the busy A692 throughfare and sold with immediate vacant possession, presenting as a perfect, ‘ready to go’ investment.
The layout briefly comprises: Main restaurant immediately off carpark via double French patio doors and bar area. To the rear is the large commercial fitted kitchen area. To the side is additional seating with its own access, storage cupboards and W.C. Externally is a car park area.
The property has a rateable value of £5,500 and is sold with vacant possession. An internal viewing is considered essential of this smartly presented building.
EPC rating C.
For more information, please contact Moovd directly.
Restaurant - 6.64m x 6.17m (21'9" x 20'2") - Wood burner, spot lighting, wall mounted electric radiator, UPVc double glazed French patio doors, bar area and laminate flooring.
Shop - 5.75m x 3.80m (18'10" x 12'5") - Composite door to front, electric radiator, X2 storage cupboards and laminate flooring.
W.C - Low level W.C, hand basin, electric radiator and laminate flooring.
Kitchen - 7.33m x 2.43m (24'0" x 7'11") - Industrial kitchen area, with gas cooker range point, sink, storage cupboards, lighting and vinyl flooring.
Externally - Car park to front of building.
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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- Option A - Moovd General Terms & Conditions – Online Unconditional Auction
- Option A - Moovd Amendments to Common Auction Conditions – Online Unconditional Auction
- Option A - Moovd Common Auction Conditions– Online Unconditional Auction
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