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Lot 6 - 56 Newgate Street, Bishop Auckland, County Durham, DL14 7EQ

  • Unconditional Online Auction Sale
  • Guide Price* : £75,000 - £125,000
  • Bedrooms: 5
  • Bathrooms: 1
  • Reception Rooms: 4

Description

Guide Price £75,000 - £125,000+

Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction on 4th September 2025 this larger than average commercial unit, set over three floor and boasting 295 square metres of space. The property on offer is located in the heart of Bishop Auckland on the busy thoroughfare of Newgate Street.

Split over three floors, the property briefly comprises: Shop area immediate off street, ramp to central corridor, office space, kitchen, toilets, central store, store and rear store with access into rear lane. To first floor via a separate entrance is a landing area with office space, additional office with staircase to two additional offices and large rear storage space with external outdoor space.

The property could be used for a variety of uses and an internal viewing is considered essential to truly appreciate the full potential.

**Previously used by Heron Foods and rental income generated till December 2025, with a £13,500 rental payment due in September, surrendered lease thereafter *

Currently the property has a rateable value of £16,500.

EPC rating E.

Buyer's Premium £2500 + VAT (£3,000 Inc VAT).

VAT

Figures quoted exclude VAT where chargeable.

For more information, please contact Moovd directly.

Shop Area -

Corridor -

Office -

Kitchen -

Cloaks Wc -

Central Store -

Store -

Rear Store -

Hall -

Landing -

Office -

Office -

Large Rear Store -

Landing -

Office -

Office -

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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Grant Lowes
01919097020

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