A plot of land extending to approximately 517m2
with potential for development subject to the necessary consents.

The Property
A plot of land previously used for parking having two brick built garage blocks under pitched tiled roofs with concrete floors. The first of the garage blocks extends to 72m2 having 3 electric and 1 manual garage doors into an open plan space internally. The second building is of the same construction and extends to 76m2 with 4 electric garage doors. The site presents an investment opportunity for those wishing to let the property to a business and may have some development potential for residential use, however purchasers must make their own enquiries as to how viable the site would be and how likely it would be to achieve planning permission.

Modern Method of Auction
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 days in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price. A non-refundable Buyer Information Pack fee of £200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by iamsold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification for this must be sought from your legal representative. The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our website, or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by the Great North Property Auction powered by iamsold.

Services
It is understood that electricity is connected to the property via the main building. The purchaser will be responsible for installation of a new supply to the property should this be required and should make their own enquiries as to the cost and availability of this supply.

Access
The property is accessed via an adopted road to the rear of Collingwood Street.

Tenure & Possession
It is understood that the site is offered freehold with vacant possession upon completion.

EPC Rating
This property is exempt from EPC requirements.

Local Authority
Durham County Council

what3words
Every three metre square of the world has been given a unique combination of three words. A free App is available for iOS and Android smartphones and using the unique sequence of words below you will be able to pinpoint this property.
///broker.spark.pulled

Viewings
External viewings are with particulars in hand during daylight hours. It is advisable to register your interest with George F White in order to be kept updated as to the arrangements of conclusion of the sale. Internal viewings will be on set viewing days with the office. Please contact the office to book an appointment.

Important Notice
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance  professional verification should be sought.  All dimensions/boundaries are approximate. The mention of fixtures, fittings &/or appliances does not imply they are in full efficient working order. Photographs are provided for general information and you may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website. These particulars do not constitute a contract or part of a contract.

The Area
Collingwood Street is the main retail and leisure area within the village of Coundon with other commercial offerings including takeaway restaurants, public houses, a pharmacy and Sainsbury’s Local. Coundon is located on the outskirts of Bishop Auckland which provides further amenities and Durham City Centre is located approximately 10 miles to the north-east. Road networks and transport links including the A1(M), A689 and A688 travelling east to west and north to south are all close at hand within 5 miles of the village which is set in a central location between a number of larger towns and cities.