REPRESENTING AN IDEAL INVESTMENT OPPORTUNITY set within the heart of Prudhoe with its array of shops, bars and restaurants. Presented over three floors, the ground floor of which is currently leased with approximately 10 years left to run. The first and second floor offer five generous workspaces, offering space for a multitude of uses.
Ground Floor Accessed via double doors which lead through to the showroom. The ground floor of this property is currently leased with approx 10 years left to run on the lease.
Show Room 27'10" x 19'6" (8.48m x 5.94m). With twin window frontage and a central heating radiator. Steps lead up to an understairs store room area.
Storage Area 13'10" x 2'10" (4.22m x 0.86m).
Inner Hallway With fire exit door to the rear.
Storage Room/Office 11'5" x 10'6" (3.48m x 3.2m). With laminate flooring and a central heating radiator.
Storage Room 11'9" x 6'11" (3.58m x 2.1m). With a central heating radiator and laminate flooring.
Kitchen The kitchen has laminate flooring, worktop, and a stainless steel sink unit.
Toilet Equipped with a low level wc and a hand wash basin.
First Floor The first floor workspaces are accessed via a double glazed door from the front aspect of the property. A staircase provides access to the first floor. One door provides access to the second floor and a further door provides access into the workspaces.
Inner Corridor With laminate flooring.
Workspace One 8'10" x 8'5" (2.7m x 2.57m). With a double glazed window to the front of the property, laminate flooring and a central heating radiator.
Workspace Two 27' x 14'10" (8.23m x 4.52m). An extremely spacious workspace with laminate flooring, two windows to the front elevation and two central heating radiators.
Workspace Three 16'11" x 6'7" (5.16m x 2m). Positioned to the rear aspect of the property with a double glazed window, laminate flooring and a central heating radiator.
Workspace Four 16'10" x 12'2" (5.13m x 3.7m). Another generous workspace with built in units, laminate flooring and a central heating radiator.
Kitchen The kitchen has a stainless steel sink, worktops and a small storage area.
Washroom With a hand wash basin and access to the separate wc.
Separate WC With a low level wc, laminate flooring, a double glazed window and housing the central heating boiler.
Second FloorWorkspace Five 23'3" x 20'8" (7.09m x 6.3m). The top floor workspace is generously proportioned and has recessed lighting, six Velux style windows and two central heating radiators. There is a hand wash basin in this room also.
External A car park is located to the rear of the property for the ground floor business only.
Tenure Sarah Mains Residential have been advised by the vendor that this property is freehold, although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the tenure before proceeding to purchase the property.
Terms & Timescales This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days.
Legal Pack A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.
Deposit In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £3000 inc VAT. This does not form part of the purchase price.
More Information For further information please contact our auction department on 0191 487 0011 or email auctions@sarahmains.com
ONLINE AUCTION NOTICE I hereby acknowledge and confirm the following:
Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 10 minutes of the closing time. After 10 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system makes it fairer for all parties involved and prevents last second bidding.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.
Tenure Type : Freehold
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This is a Freehold property.