Industrial for sale in Lord Street, Seaham SR7

Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

We are pleased to offer to auction this well established Builders Merchants business which is to be sold as a going concern. It has been built up over the years into a highly successful and profitable business which has had good growth levels year on year and has an excellent reputation throughout the town and surrounding areas for great customer service and reliability.

The site covers approximately 480sqm which incorporates a large storage warehouse with w/c facilities, there is an office room having storage cupboards together with a fitted kitchen area. Situated excellently within the town centre, it is just a short walk to the coast, which boasts many amenities as well as having relatively easy access to the A19 North and South together with the A1.

Plant machinery are included within the asking price, Recent trading accounts will be available for inspection to interested parties on request.

Please note we have not inspected this property.

Location

Situated excellently within the town centre, it is just a short walk to the coast, which boasts many amenities as well as having relatively easy access to the A19 North and South together with the A1.

Accommodation

Warehouse storage (8.23m x 7.92m or 27' 0' x 26' 0')
Block built and currently boasting fitted storage shelving there is a roller shutter door to the rear.

Wash Room (3.05m x 1.83m or 10' 0' x 6' 0')
Having a w/c and wash hand basin, built in shelving and water heater.

Office (4.98m x 3.05m or 16' 04' x 10' 0')
Having access via the warehouse, and comprising, fitted cupboards and kitchen area.

Outside
There is a yard to the front of the office currently used as storage and parking for stock and plant machinery.

Tenure

Freehold. Title number DU303787

Rateable Value

The current rateable value is 2,300 (1 April 2023 to present).

Sourced by voa.

EPC

Available Upon Request (Rating F).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.