RARE OPPORTUNITY - LARGE END TERRACE MIXED USE PROPERTY THAT MUST BE SEEN

RARE OPPORTUNITY - LARGE END TERRACE MIXED USE PROPERTY THAT MUST BE SEEN This large mixed use property located on High Street, Lingdale holds a huge amount of potential. Currently commercial to the ground floor and a four-bedroom self contained flat to the first and second floor. Previously trading as the local Post Office up until November last year, the ground floor, subject to the correct planning consent gained could be reconfigured for further residential use. The four-bedroom flat is currently occupied with a long-term tenant and is producing a lower than what could be achieved at £4800 per annum. this property holds huge potential and a virtual tour and floor plan have been added prior to physical viewings. What's not to like?, with options a plenty and the upper floors previously been spilt and occupied by two separate flats, with the correct vision this property could be something special. The current accommodation comprises in brief, to the ground floor, retail space with two large storage rooms, WC, kitchenette and separate ground floor entrance hall for the flat. The first floor houses large living room space with kitchen bathroom and double bedroom. Finally, the second floor accommodations two further double bedrooms, a fourth bedroom or could also be a lounge area and WC/shower room. The property has mains gas and electric with the first floor heated via a modern combi gas boiler. Externally is an enclosed yard to the rear 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

Retail Floor 5.05m x 5.02m Store Room One - 5.00m x 3.90m Kitchenette - 3.01m x 2.58m Store Room Two - 3.01m x 5.60m WC Flat Entrance Hall

First Floor

Landing Living Room 3.62m x 5.16m & 2.63m x 3.69m (L shaped) Kitchen - 4.15m x 3.90m Inner Hall Bathroom Bedroom One - 3.03m x 4.18m

Second Floor

Landing Bedroom Two - 4.19m x 4.00m Bedroom Three - 2.73m x 5.16m Bedroom Four/Living Room 3.36m x 3.81m WC/Shower Room

Viewings

Please call Auction House North East on 01642 931060 to arrange a viewing

Services

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

Solicitors

Cygnet Law, Ref: Cygnet Law, Tel: 01642 777680

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.