23/24 Market Street, Blyth, NE24 1BQ

Lot Image

Auction sale - Monday 19th February 2018

* Guide price:

£175,000

The successful purchaser will be required to pay a buyer’s administration fee of £990 (inclusive of VAT). Other additional costs/fees may apply – click here.

  • Freehold retail premises
  • Prime High Street location
  • Fully refurbished with potential to split
  • Alternative use potential (subject to consents)
  • About 3,622 sq ft (336.47 sq m)
  • Vacant possession

Viewings

12:00pm on Thursday 8 February 2018
12:00pm on Wednesday 14 February 2018

Details

Location

Summary: The building is situated in the pedestrianised zone within the town centre and commands a prominent position overlooking Market Place.
Miles: Newcastle upon Tyne 15 miles, Morpeth 10 miles
Roads: A193, A189, A19, A1
Nearby Occupiers: Argos, William Hill, Greggs, Lloyds Bank, Boots

Description

A two storey mid terraced building of traditional construction beneath a pitched roof. The building is arranged as ground floor retail with a single storey rear extension providing office/storage and further ancillary accommodation. The first floor is currently arranged as ancillary accommodation but may offer alternative use potential, subject to obtaining the necessary consents.

Tenure

Freehold

Planning

Northumberland County Council (0345 600 6400) www.northumberland.gov.uk

VAT

Refer to the legal documentation

Energy Performance Certificate

EPC Rating 90 Band D

Address Floor Use SqM SqFt
TOTAL 336.47 3,622
23/24 High Street Ground Ground First Sales area Ancillary Ancillary 192.48 32.70 11.29 2,072 352 1,198

Joint auctioneers

Lambert Smith Hampton

Michael Downey

0191 338 8326

mdowney@lsh.co.uk

Contact

Seller's solicitor

Mincoffs Solicitors

Ryan Bannon

0191 212 7732

rbannon@mincoffs.co.uk

* Guide price

The guide price is an indication of the minimum price at which, or if a guide price range is given, within which, the seller is prepared to sell at the date of publication. The guide price is not an anticipated sale price or valuation. All prices quoted are subject to contract.

* Reserve price

The reserve price is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell.

Both the guide and reserve may be subject to change up to and including the day of the auction. The guide price does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price. On the fall of the hammer a buyer’s fee is payable of £990 inclusive of VAT.

Contact us now

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Tel: +44 (0) 207 198 2000
Email: auctions@lsh.co.uk

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Email: onlineauctions@lsh.co.uk

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