Floorplan
Map
Area statsRestaurant for sale
Features and description
- Investment Opportunity
- Well Positioned Commercial Property
- Within Reach to Hartlepool Marina and Town Centre
- 1 Bedroom Flat Above the Property
An excellent opportunity to acquire a well-established commercial takeaway premises with self-contained residential accommodation above, prominently situated on Duke Street, Hartlepool.
The ground floor trading premises currently operates as a Thai Oriental takeaway and briefly comprises an entrance leading into the main service area, providing a welcoming customer space with counter facilities. To the rear is a fully fitted kitchen along with two preparation areas, offering ample workspace for food preparation and cooking. There is also a WC and access to a private courtyard area to the rear, suitable for storage and servicing.
The property benefits from a self-contained one-bedroom flat located above the commercial unit. The flat is accessed via an external entrance door to the side of the building, providing independent access from the business below. The accommodation comprises a lounge, fitted kitchen, one bedroom, and a bathroom.
This mixed-use property presents an ideal opportunity for an owner-occupier looking to run a business while residing on-site, or for an investor seeking rental income from both commercial and residential elements.
The property occupies a convenient position within a well-established commercial area, benefiting from local footfall and transport links.
Rooms
Location
The Subject property is located along Duke Street Hartlepool ideally situated within reach to local, amenities, schools, shops, Hartlepool Marina and transport links.
Accommodation
The accommodation briefly comprises: To the ground Food-retail unit with, kitchen, preparation areas storage area's, and WC. Separate external entrance with stairs to first floor apartment. Flat: lounge, kitchen, 1 bedrooms and bathroom.
EPC
Available upon request.
Tenure
Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.
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 equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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