Auction House London

Lot

Mixed Use - Commercial Property 

Former West End Post Office

2 Parker Terrace, Ferryhill, County Durham, DL17 8JY

Unsold, but is available at £150,000

A Freehold Mixed Use Building with Enclosed Yard Area and Two Storey Outbuilding Subject to an FRI Lease for £20,800 per annum

Description

The property comprises a semi detached building internally arranged to provide two ground floor retail units and a three bedroom self contained flat above.

Location

The property is located on a main road close to local shops and amenities as well as an Amazon warehouse situated approximately 4 miles from the property. Numerous green open spaces are also within close proximity. Transport links are provided by the A1 (M) motorway.

Accommodation

Ground Floor
Two Retail Areas
Four Rooms
Kitchen Area
Two WC's

First Floor
Reception Room
Kitchen
Three Bedrooms
Bathroom

Outbuilding
Three Rooms
Kitchen
WC
Storage Room

Exterior

The property benefits from a two storey outbuilding and a rear yard.

Tenancy

The property is subject to an FRI commercial lease for a term of 10 years from 13th June 2018 at a rent of £1,733.33 per calendar month.

Current Rent Reserved

Current Rent Reserved £20,800 per annum

Note

The property has not been internally inspected. All information has been supplied by the vendor.

Addendum

The address is: Former West End Post Office, 2 Parker Terrace, Ferryhill, County Durham, DL17 8JY and not as previously stated in the catalogue.

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

View Details as PDFEnquire NowFinance AvailableRegister to Bid
There are no internal viewings For further information, please register for the legal pack. For all enquiries, please contact Jordan Phillips at jordan@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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