Office for sale
Property description & features
- Tenure: Freehold
- Spacious commercial with residential
- Current offices plus holiday let
- Part of the southern gateway
- Long leasehold
- EPC Grade E
- Prime location
- Freeholder permission to convert
- Survey plans available
Nestled within the heart of the Southern Gateway master plan, this property offers you an exciting opportunity to be part of a thriving community undergoing a remarkable transformation. With A1 and B1 classification for offices and workshops, 73 Fowler Street and 1A Wichester Street presents a versatile canvas for your entrepreneurial endeavors. Whether you're establishing a new venture or expanding an existing one, this space offers endless possibilities.
Former Guitar Shop and Workshop/Office: currently a renowned guitar shop and versatile workshop/offices.
1A Winchester Street, 1 Bedroom Flat: currently utilised as a holiday let
We are advised properties have had a full rewire 10 years ago and the main office building at 73 Fowler Street had a new gas central heating system and fire alarm system installed.
Embrace the character and charm this building's past while envisioning its future potential. With an impressive 985 years remaining on the lease, both the commercial space and residential flat enjoy long-term security and stability. Potential for conversion with existing survey plans drawn up this year and permission granted from freeholder to submit full plans for residential use
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Fowler Street, nestled within the heart of the Southern Gateway master plan, this property offers you an exciting opportunity to be part of a thriving community undergoing a remarkable transformation.
Accommodation
Former Guitar Shop and Workshop/Office: currently a renowned guitar shop and versatile workshop/offices.
1A Winchester Street, 1 Bedroom Flat: currently utilised as a holiday let
Tenure
Leasehold. Title number TY491998.
Date : 8 June 2010
Term : from 8 June 2010 to 7 June 3009
Rateable Value
Rateable Value £4850 per annum discounted to zero with South Tyneside Council small business rate relief.
Council Tax Band
Flat Band A
EPC
Available upon request (rating E).
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.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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