Whickham TRS, Sand Industrial Estate, Swalwell Bank, Newcastle Upon Tyne, NE16 3DJ

former BT property offered with vacant possession on a site of approximately 781 sq m (934 sq yds)

Location

The property is situated on Swalwell Bank (B6317) opposite the Swalwell Bank Hill Brinoff Gravel Trap. The property is approximately within 0.5 miles of the A1 St Michael's Way. Newcastle town centre is within 3 miles.

Description

Single storey building set within a rectangular shaped compound, offered with vacant possession.

Accommodation

The building has a gross internal area of approximately 63 sq m (678 sq ft). 

Site Area

Approximately 781 sq m (934 sq yds).

Costs

The purchaser will on completion make a contribution of 1% of the gavel price with a minimum of £500 plus VAT towards the Vendor's costs.

Tenure

Freehold.

Planning

Interested parties should consult direct with the Local Planning Office Gateshead Metropolitan Borough Council, Civic Centre, Regent Street, Gateshead, NE8 1HH. Tel: 0191 433 3000, Fax: 0191 478 3495.

General

VAT at the prevailing rate is payable in addition to the gavel price.

Solicitors

Blake Lapthorn, New Kings Court, Tollgate, Chandler's Ford, Eastleigh, Hampshire, SO53 3LG.
Tel: 023 8085 7025. Fax: 0844 620 3401. E-mail: GemmaJ.Smith@bllaw.co.uk.
Contact: Ms Gemma Smith.

* Guide Prices and Reserves

Guide Price: An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Additional Non Optional Fees and Costs: in addition to the sales price please be aware that the buyer will be liable in addition for various non optional additional fees and costs. Please refer to the Guidance Document where more information is available.