258 & 260 Park Road, Stanley, County Durham, DH9 7AW

  • Unconditional Online Auction Sale
  • Guide Price* : £64,000

• Ideal Investment Opportunity • Ground Floor Retail Shop • First Floor 2 Bedroom Flat • Large Rear Garage Within The Yard • Flat Has Been Recently Updated • Gas Combi Central Heating In The Flat • Enclosed Rear Yard • External Insulation Installed • Council Tax Band A

Description

*** AN IDEAL INVESTMENT OPPORTUNITY TO PURCHASE A GROUND FLOOR RETAIL SHOP AND 2 BEDROOM FIRST FLOOR FLAT AND GARAGE ON ONE FREEHOLD TITLE *** The shop measures approximately 60 sq m, the garage 24 sq m and the flat 57 sq m. The flat has recently been redecorated and bathroom updated and benefits from gas combi central heating and full uPVC double glazing. The shop requires some updating and has no heating installed.
The property has recently had external insulation installed to boost the energy efficiency. Located at the bottom of Park Road in South Moor beside other retails and fast food takeaway shops and residential properties. We would anticipate a rent of between £9,600 to £10,500 per year for both properties.

GROUND FLOOR SHOP There are security shutters for the front wooden door and both side windows.

CUSTOMER SERVICE AREA 17' 7" x 14' 9" (5.37m x 4.50m) Suspended ceiling with fluorescent lighting, opening to the back room.

BACK ROOM 17' 7" x 9' 3" (5.37m x 2.83m) Wooden glazed window, access door to the kitchen/staff area.

KITCHEN/STAFF AREA 15' 3" Max x 7' 9" (4.65m x 2.37m) Fitted with a basic base unit with sink and taps, wooden window and door to the rear yard.

WC 11' 0" x 3' 6" (3.37m x 1.09m) Attached to the back room but accessed from the rear yard. Entrance wooden door with two small side windows, WC and wash basin installed.

GARAGE 20' 2" x 12' 11" (6.15m x 3.94m) A good sized garage with a pitch roof and inspection pit, wooden double doors to the rear access road.

FIRST FLOOR FLAT

ACCESS FROM THE FRONT uPVC double glazed door, long hallway with stairs to the half landing and first floor landing. Built in cupboard on the main landing.

BATHROOM 8' 7" x 7' 3" (2.62m x 2.21m) Off the half landing, panel bath with PVC cladding splash backs, shower fitment, curtain and rail, WC, pedestal wash basin, radiator, uPVC double glazed window.

KITCHEN/DINER/LOUNGE 14' 10" x 12' 7" (4.53m x 3.85m) Fitted with a range of wall and base units, sink and drainer with mixer tap, space for an electric cooker and washing machine, cupboard housing the gas combi central heating boiler, laminate flooring, radiator, uPVC double glazed window, open archway to the bedroom.

BEDROOM 1 OR LOUNGE 13' 11" x 12' 4" (4.25m x 3.76m) uPVC double glazed window, radiator, laminate flooring.

BEDROOM 2 10' 8" x 9' 0" (3.27m x 2.75m) uPVC double glazed window, radiator, laminate flooring.

EXTERNAL To the front - access public footpath. To the rear - self contained yard with wooden gates to the access road.

HEATING Gas fired central heating via combination boiler and radiators to the first floor flat only.

Council Tax Band

A

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Loading the bidding panel...

Agreement Documents

Legal Documents

Log in to view legal documents

Related Documents

Make an Enquiry

Submit an enquiry and someone will be in contact shortly.

 
*  
*  
*
*
*

Share