Houghton le Spring Magistrates Court, Dairy Lane, Houghton le Spring, Tyne and Wear, DH4 5BH

ground floor offices within the west wing of the Magistrates Court approximately 292 sq m (3,143 sq ft)

Location

The property is located within Houghton-le-Spring, approximately 6 miles south west of Sunderland and 7 miles north east of Durham. The building is located on the north of Dairy Lane (A1052) and can be accessed via the A690.

Description

Cellular offices in need of refurbishment located on the ground floor of the Magistrates Court. Access to the property is by way of a main entrance on the front elevation with a further access door on the west elevation.

Accommodation

We detail below the following accommodation and approximate net internal areas: 
 
Ground Floor:   
 
Offices:  124 sq m  (1,335 sq ft) 
Court 1:  110 sq m  (1,184 sq ft) 
Court 2:  47 sq m  (506 sq ft)   
Kitchens:  11 sq m  (118 sq ft) 
Male, Female & Disabled WC's 
 
Total  292 sq m  (3,143 sq ft) 

Outside

Car parking is situated at the front of the building.

Tenure

Long Leasehold for a term of 999 years at a peppercorn rent which commenced on 1st April 2005.

Planning

Interested parties should consult direct with the Local Planning Office, Sunderland City Council, Civic Centre, Sunderland, SR2 7DN. Tel: 0191 561 1558, Email: dc@sunderland.gov.uk.

General

Energy Performance Asset Rating = E

Solicitors

Michelmores LLP, Woodwater House, Pynes Hill, Exeter, EX2 5WR.
Tel: 01392 688 688. E-mail: karl.bacchus@michelmores.com.
Contact: Mr Karl Bacchus.

Joint Agent

Bilfinger GVA, Central Square, Forth Street, Newcastle upon Tyne, NE1 3PJ.

Addendum

This lot has SOLD PRIOR to the auction.

* 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.