Sold Price: £82,000, 18 Front Street, Stanley, Durham, 433+54031

Property Details

Location

The property lies in Tantobie approximately 3 miles north west of Stanley and 10 mile south west of Newcastle Upon Tyne.

Description

Two storey property comprising ground floor restaurant approximately 49 sq m (533 sq ft) with accommodation above. The legal pack contains a 10 year lease for the ground floor from July 2013 at an annual rent of £4,200.

Accommodation

The property has not been inspected by Pugh & Co and the floor areas detailed above have been taken from the VOA website and interested parties should therefore satisfy themselves as to the accommodation.

Tenure

Freehold

Tenancy

The legal pack contains a 10 year lease for the ground floor from July 2013 at a monthly rent of £350 providing an annual amount of £4,200 with 3 yearly reviews.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 18TH JANUARY AND CLOSES ON WEDNESDAY 19TH JANUARY.