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Lot 26 Click here for addendum

6 Week Completion

Situation

Located in the heart of this pedestrianised City Centre retail position which connects into Saddler Street via Market Place, adjacent to Vodafone and opposite EE, amongst such multiples as Topshop, Holland & Barrett, Barclays, Boots Pharmacy and Caffé Nero.
Durham is an historic City with one of the top universities in the country lying just off the A1, approx. 15 miles south of Newcastle-upon-Tyne and approx. 20 miles north-west of Middlesbrough and benefits from good road links via the A690 and the A167.

Property

A mid terraced building comprising a Ground Floor Shop with Basement plus internal access to Ancillary Accommodation at first floor level.

Accommodation

Ground Floor Shop
Gross Frontage 18'4"
Internal Width 16'8"
narrowing at rear to 13'3"
Shop & Built Depth 55'3" (max)
Sales Area Approx 680 sq ft
Basement
Area Approx 350 sq ft
WC
First Floor Ancillary
Storage and Kitchen Area Approx 340 sq ft
WC

VAT is NOT applicable to this Lot

Freehold offered with Vacant Possession

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

24 Silver Street, Durham, Co. Durham DH1 3RD