*For sale via secure sale online bidding: terms and conditions apply.*

We are delighted to offer this fully refurbished two storey, three floor mixed use investment property, well located along High Street, West Cornforth, with easy access to all local amenities and transport links. The property comprises a ground floor hot food takeaway unit plus a fully refurbished 3 bedroom house.

All fixtures and fittings in ground floor commercial premises to be included in the sale.

Sold with vacant possession, this would prove an ideal owner occupier opportunity or investment opportunity providing excellent rental income once fully let.

Please note Pattinson have not inspected this premises. All interested parties must satisfy their own requirements prior to bidding.

Rooms

Location
The subject property is located along West Cornforth High Street. The property is well located along the main street with easy access to all local amenities and transport links. The closest bus stop is a minutes walk away and access to the A1. The subject property is 23 miles south of Newcastle upon Tyne, 7.2 miles from Durham City Centre and 18 miles north of Middlesbrough.

Commercial Accommodation
GROUND FLOOR Main service area: 30.63sqm Kitchen area: 5.64sqm Prep room 1: 8.06sqm Prep room 2: 8.88sqm W.C.

Residential Accommodation
GROUND FLOOR Living room: 22.80sqm Kitchen: 12.47sqm BASEMENT Storage FIRST FLOOR Bedroom 1: 8.39sqm Bedroom 2: 17.75sqm Bedroom 3: 21.09sqm Bathroom: 11.03sqm

Rateable Value
The adopted rateable value is £2,175 as of 1st April 2020. Sourced from VOA.

Tenure
Freehold. Title number DU122028.

EPC
Available upon request (rating D).

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.

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