*Guide | £105,000 - £120,000 (plus fees)
- Mixed Use
- 3 Bedrooms
- Tenure: Freehold
Call the team on 01642 931060 for more information
A MUST SEE FOR PROPERTY INVESTORS AND DEVELOPERS
Substantial Mixed-Use property comprising large retail unit, plus two first floor self-contained flats, facing onto the main shopping street serving the expanding village of Willington, County Durham. EARN RENTAL INCOME FROM DAY ONE, both first floor flats are currently let with a yield of £7800 per annum.
Tenure
Freehold
The retail unit is to be sold vacant offering a rental value of £7,500 per annum. The shop would suit a wide range of retail and commercial uses (subject to any necessary consents). However, the spacious ground floor lends itself to the potential conversion to 2 or 3 flats, also subject to the relevant planning consent. Viewing is essential in order to see for yourself the size, scope and potential this building offers.
Ground Floor
Shop Floor- Spacious double fronted sales area. Entrances at the front and the side. Office W.C. Integral garage used as a store.
External
To the rear is an enclosed yard. An external door leads to the communal entrance for the self-contained flats.
Firsr Floor
Flat 21a - Refurbished two bedroom first floor flat featuring a modern fitted kitchen and shower room, uPVC double glazing and gas central heating with combi-boiler. The living accommodation comprises; Living room Kitchen Bedroom Bedroom Shower Room Flat 21b - Refurbished one bedroom first floor flat featuring a modern fitted kitchen and shower room, uPVC double glazing and gas central heating with combi-boiler. The living accommodation comprises; Living room Kitchen Bedroom Shower Room
Directions
From A690 head towards Willington, Commercial Street is a continuance of High Street.
Services & Appliances
Please note that any services, heating systems or appliances have not been tested, and no warranty can be given or implied as to their working order.
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Durham County Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
