SUBSTANTIAL MIXED USE PROPERTY WITH HUGE POTENTIAL IN SOUGHT AFTER AREA

This large mixed use property is an exciting property with a huge amount of potential. Separate entrances for both the commercial and residential units will appeal to any investor looking to gain two incomes. The commercial unit downstairs is a blank canvass and has a large open area space with WC and two further rooms. Access to the rear yard can be found in the back store room and the yard houses an external staircase to the first floor residential flat. Again large in size with a huge amount to offer, this flat is a great addition to the building and certain to be popular on the rental market. The flat gas gas central heating and Upvc double glazing, the accommodation to this comprises, in brief, entrance hall, living room, kitchen, double bedroom and bathroom. Externally to the property is large enclosed are to the rear of the property with access to the gated back alley. To the front of the poperty is on street parking. The property does require work but the attractive guide price will more than compensate for this. Located on a popular street in Middlesbrough and surrounded by similar properties, viewing is highly recommended to see the size of the building on offer and to help you visually refurbish the place giving of sight of the potential it holds. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (23rd May), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 28 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on 01642 931060. Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms and documentation has been received at teesvalley@auctiohouse.co.uk. for any further assistance, please do not hesitate to contact us in the office.

Tenure

Freehold

Ground Floor (approx 86m2)

Shop Floor - 12.17m x 5.09m Shop Floor (WC) 2.64 x 1.38m Store Room One - 2.04m x 3.29m Store Room Two - 4.17m x 3.59m

FIRST FLOOR FLAT

Entrance Hall Lounge - 3.60m x 5.22m Bedroom - 4.26m 3.29m Kitchen - 3.46m x 2.21m Bathroom

Viewings

Please contact Auction House on 01642 931060 to arrange a viewing

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Middlesbrough Council

Solicitors

Punch Robson, Myton Park, Ref: Punch Robson, Tel: 01642 754050

Additional Fees

Buyer's Premium - £2100 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.