Park Road, South Moor, Stanley
£64,000

Guide price

Bedrooms: 2
To be sold via secure and transparent online auction with our auction partner, Auction North Ltd.

*** AN IDEAL INVESTMENT OPPORTUNITY TO PURCHASE A GROUND FLOOR RETAIL SHOP AND 2 BEDROOM FIRST FLOOR FLAT AND GARAGE ON ONE FREEHOLD TITLE *** The shop measures approximately 60 sq m, the garage 24 sq m and the flat 57 sq m. The flat has recently been redecorated and bathroom updated and benefits from gas combi central heating and full uPVC double glazing. The shop requires some updating and has no heating installed.

The property has recently had external insulation installed to boost the energy efficiency. Located at the bottom of Park Road in South Moor beside other retails and fast food takeaway shops and residential properties. We would anticipate a rent of between £9,600 to £10,500 per year for both properties.

GROUND FLOOR SHOP There are security shutters for the front wooden door and both side windows.

CUSTOMER SERVICE AREA 17' 7" x 14' 9" (5.37m x 4.50m) Suspended ceiling with fluorescent lighting, opening to the back room.

BACK ROOM 17' 7" x 9' 3" (5.37m x 2.83m) Wooden glazed window, access door to the kitchen/staff area.

KITCHEN/STAFF AREA 15' 3" Max x 7' 9" (4.65m x 2.37m) Fitted with a basic base unit with sink and taps, wooden window and door to the rear yard.

WC 11' 0" x 3' 6" (3.37m x 1.09m) Attached to the back room but accessed from the rear yard. Entrance wooden door with two small side windows, WC and wash basin installed.

GARAGE 20' 2" x 12' 11" (6.15m x 3.94m) A good sized garage with a pitch roof and inspection pit, wooden double doors to the rear access road.

FIRST FLOOR FLAT

ACCESS FROM THE FRONT uPVC double glazed door, long hallway with stairs to the half landing and first floor landing. Built in cupboard on the main landing.

BATHROOM 8' 7" x 7' 3" (2.62m x 2.21m) Off the half landing, panel bath with PVC cladding splash backs, shower fitment, curtain and rail, WC, pedestal wash basin, radiator, uPVC double glazed window.

KITCHEN/DINER/LOUNGE 14' 10" x 12' 7" (4.53m x 3.85m) Fitted with a range of wall and base units, sink and drainer with mixer tap, space for an electric cooker and washing machine, cupboard housing the gas combi central heating boiler, laminate flooring, radiator, uPVC double glazed window, open archway to the bedroom.

BEDROOM 1 OR LOUNGE 13' 11" x 12' 4" (4.25m x 3.76m) uPVC double glazed window, radiator, laminate flooring.

BEDROOM 2 10' 8" x 9' 0" (3.27m x 2.75m) uPVC double glazed window, radiator, laminate flooring.

EXTERNAL To the front - access public footpath. To the rear - self contained yard with wooden gates to the access road.

HEATING Gas fired central heating via combination boiler and radiators to the first floor flat only.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

TENURE We understand that the property is freehold. We would recommend that any purchaser has this confirmed by their legal advisor.

AGENTS NOTES Whilst we endeavour to make our particulars accurate and reliable, they should not be relied on as a statement or representations of fact, and do not constitute any part of an offer or contract. The owner does not make or give, nor do we or our employees have authority to make or give any representation or warranty in relation to the property. We have not checked or tested any appliances mentioned (including heating systems or electrical fittings) therefore working order cannot be confirmed. All measurements are given to the nearest 5cm.

AUCTIONEERS COMMENTS For full auction conditions, including details of any deposits required and any legal pack

currently available, please refer to the Auction North website. Viewings must be arranged by appointment either with ourselves or Auction North Ltd, and all bids must be placed via the Auction North website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both ourselves and The Auctioneer in order that all matters can be dealt with effectively, and all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from any location. Our verification process is in place to ensure that AML procedure are carried out in accordance current law.

01207 438016

David Bailes Estate Agent

Anthony Street, Stanley, Durham, DH9 8AF

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