2 Bedroom Shop with Living Accommodation

An Ideal Investment opportunity in this mixed use property. On the ground floor is a long term tenant selling clothes, whilst on the first and second floor there is a two bedroom flat let on an assured shorthold tenancy. The combined rent for the property is £8300 Per annum, which would generate a gross return on investment. Fore Bondgate is a street that connects to the market place and sees a good deal of foot traffic due to it’s historic shops, all of which are independant traders. The area has benefitted from investment of late, and should see further improvements from the Redevelopment of the market place by the Auckland Project who intend to convert the empty buildings next to the town hall into a large Hotel providing accommodation for vistors to the town.

PART A
Local Authority – Durham County Council
Council Tax Band – A (Flat) Rateable Value £3300 PA for the shop
Tenure – Freehold

PART B
Property Type – mid terrace
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Parking: on street

PART C
Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm
Restrictions – Covenants apply – list available
Rights & Easements- Rights apply – list available
Coastal Erosion – NA
Protected Trees – No
Conservation area – No
Planning Permission – No
Accessibility – The property has not been altered for accessibility
Mining Area – Records available do not show any historical mining in the near vicinity of the property
Selective License Area – No

Property details provided by JW Wood
EPC rating: both D
Council Band: A
Tenure : Freehold
For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 29 May 2025 OPTION 1

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by JWW. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide 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. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

Disclaimer 4
We are advised by the seller that the property has mains provided gas, electricity, water (medium risk of surface water flooding) and sewerage.

The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.

Ofcom website states the average broadband download speed of 17Mbps and the fastest package of 78Mbps at this postcode: DL14 7PE and mobile coverage is provided by EE, Three, 02 and Vodaphone (limited indoor).