£60,000

Retail premises for sale

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Guide price

£60,000

Retail premises for sale

High Street, Easington Lane, Houghton Le Spring DH5

Local area information

Property location

Nearby amenities

  • Easington Lane Primary School 0.2 miles
  • Hetton Lyons Primary School 0.7 miles
  • Seaham 4.3 miles
  • Horden 6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Retail unit enjoys a prime corner position in a high-traffic location
  • Generous well-lit sales area in the front that immediately captures attention
  • New roof installed and a recent modernisation throughout
  • Prime location
  • Ample storage space and staff amenities, including a fully plumbed kitchenette and toilet facilities
Summary

We are proud to present to the market an exceptional retail property positioned prominently in Easington Lane, Houghton Le Spring. This impressive commercial sale boasts a substantial footprint that will guarantee strong visibility for any business. The property benefits from a new roof and a recent modernisation throughout

This retail unit enjoys a prime position in a high-traffic location, ensuring an abundance of passing trade. With this tenure, you will enjoy the benefits of a spacious, light-filled retail area complemented by additional ample storage facilities to the rear.

The property comprises of a generous well-lit sales area in the front that immediately captures attention, conducive to providing a pleasant customer experience. The rear part of the premises is geared for effective operational management, with ample storage space and staff amenities, including a fully plumbed kitchenette and toilet facilities. The property is situated over two floors and can be run as two separate businesses with dual access.

This commercial property doesn't shy away from offering excellent means of access with ample street parking available and public transport links close by. It promises excellent connectivity while also being conveniently set amidst other shops and businesses, increasing the potential for footfall and customer interest.

Whether for general retail or specialist services, the premises are fully adaptable to a range of commercial operations and set in a great neighbourhood with a dynamism that will only add to the business appeal. The property is expected to attract a great deal of interest given its prime location in the high demand commercial area of Easington Lane, Houghton Le Spring..

Seize the golden opportunity to own a prestigious retail unit in a bustling and prosperous part of the town. As a vibrant hub of business activities, this is a stand-out opportunity not to be missed for those looking to establish or expand their retail enterprise. Immediate viewing is highly recommended, contact Pattinson Estate Agents for more information.

Location

An exceptional retail property positioned prominently in Easington Lane, Houghton Le Spring. This retail unit enjoys a prime corner position in a high-traffic location, ensuring an abundance of passing trade.

Accommodation

With this tenure, you will enjoy the benefits of a spacious, light-filled retail area complemented by additional ample storage facilities to the rear.

The property comprises of a generous well-lit sales area in the front that immediately captures attention, conducive to providing a pleasant customer experience. The rear part of the premises is geared for effective operational management, with ample storage space and staff amenities, including a fully plumbed kitchenette and toilet facilities.

Tenure

Freehold. Title number TY98198

Rateable Value

The adopted rateable value is 3,000 as of 10 June 2024. Sourced from voa

EPC

Available upon request ( Rating C )

Additional Information

For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.

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 of 6,000 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.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Houghton Le Spring
  5. Easington Lane
  6. High Street