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 purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee of XX% subject to a minimum of £X, XXX plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Legal Pack which can be downloaded for free 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 iam-sold Ltd” or “iam-sold Ltd”.
To view or make A bid – Contact Moody & Co. 144/146 Fowler Street, South Shields, NE33 1PZ or visit:
A mid terrace unit with ground floor retail and first floor storage situated within the established retail area of the Village. Adjoining occupiers include the Co-Op and Boots.
The property briefly comprises as follows:
Sales33.86 m sqoffice16.08 m sq
main store24.87 m sqrear office/store14.61m sq
kitchen area 11.94 m sq With access to rear yard.
storage (all open plan)100.52 m sq
office25.26 m sq rateable value:The Rateable Value for the premises is £3,550. The rates payable will need to be confirmed with Durham County Council.
Tenure: We are advised that the premises are held Freehold.
Services: Mains, electricity, water, drainage.
EPC: To be determined.
Costs: The property is For Sale by Auction by "I Am Sold”.
V.A.T.: Figures quoted exclude . Where chargeable.
Viewing: Strictly by appointment via our South Shields Office - Telephone .
Disclaimer: None of the equipment or systems in the property has been tested by the Agents and it is the responsibility of the purchaser to ensure that They are all in working order.
Property descriptions and related information displayed on this page are marketing materials provided by Moody and Company. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Moody and Company for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.