Postponed
- Mixed Use
- 1 Bedroom
- Tenure: See Legal Pack
Call the team on 0191 908 9691 for more information
Mixed use commercial and residential investment property situated within Willington, County Durham.
The accommodation comprises ground floor commercial premises, recently a sandwich shop (Sep 2015), featuring showroom, kitchen and W.C. The first floor flat comprises lounge, bedroom, kitchen with bathroom and entrance to the ground floor with a sitting tenant on an AST with an income of £3600 per annum. This property is well maintained and the ground floor premises ready to move straight into. When fully occupied this property achieves a rental income is £7200 per annum, however, with the flat tenanted and commercial unit currently vacant, a gross rental yield of 7.6% is still achieved on guide price.
Tenure
See Legal Pack
GROUND FLOOR Shop - 20’9 x 13’7 Storage Room - 10’0 x 9’0 Kitchen - 9’9 x 5’0 W.C Rear entrance The shop features a fitted kitchen, separate W.C, gas central heating with combi-boiler, uPVC double glazing, shutters to the front and an intruder alarm.
FLAT
GROUND FLOOR Entrance Hall Bathroom First Floor Lounge - 16’7 x 13’8 (max) Bedroom - 13’9 x 13’8 (max) Kitchen - 14’1 x 8’0 This well maintained first floor flat offers spacious living accommodation and also features uPVC double glazing and gas central heating.
EXTERNAL
Shared yard to the rear with access to both commercial and residential premises.
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.
Viewing
Please contact Auction House North East on 01642 931060 for viewing schedule.
Energy Efficiency Rating (EPC)
Current Rating 70-C 70a - D
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Durham City Council
Solicitors
Bindman & Co, 22 Front Street Whickham, Newcastle upon Tyne, NE16 4DT, Ref: Les Bindman, Tel: 01914884950
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.
Floor Plans
Click the image to view the full-sized floorplan.
