Industrial for sale in Lord Street, Seaham SR7, £375,000

375,000.00

Offer Nr.:
65969637
Type of ad:
for Sale
Property type:
Industrial
Contact name:
Pattinson - Commercial
Phone(s):
0191 686 1492

* Fantastic business opportunity
* Financial accounts available to interested parties
* Long and well established local business
* Town centre location close to coast
* For Sale By Secure Sale - Terms & Conditions Apply
**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.

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