*Unsold, the last bid was £93,000. Please refer to Auctioneer for Reserve*
Upon the instructions of Receivers
Freehold retail & residential building Two retail units with residential accommodation above Development potential (part completed) Producing £5,460pa rising (part vacant)
Viewings 11:30am on Friday 27 April 2018
Details LOCATION Summary: The building forms part of an established retail parade in the town centre Miles: Durham 12 miles, Darlington 14 miles, Newcastle upon Tyne 30 miles Roads: A688, A689, A68 Rail: Bishop Auckland railway station Nearby Occupiers: Halfords, Morrisons Supermarket
DESCRIPTION The property comprises a mid terraced building of traditional construction arranged over ground, first and second floors. The ground floor incorporates two retail units (one occupied) together with ancillary accommodation presently accessed from one of the retail units. The first floor incorporates four part converted bedsits with shower cubical and shared kitchen and WC. There is an additional apartment on the second floor. The basement is accessed internally with roller shutter vehicular access from the rear lane.
PLANNING Durham County Council (0300 026 2830) www.durham.gov.uk. We are not aware of the required planning consents having been obtained from the Local Authority with respect to the conversion of the upper floors. Interested parties should satisfy themselves that the requisite consents have been obtained or are required. The property may offer alternative use potential, subject to obtaining the necessary consents.