Restaurant/cafe for sale in Romaine Square, Bowburn, Durham DH6, £249,000

249,000.00

Offer Nr.:
65708855
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Pattinson - Commercial
Phone(s):
0191 686 1492

* Ground floor fish and chip shop
* 3 bedroom house
* Ideal investment opportunity
* House currently let for 500pcm
* Parking to the front
* Freehold title
**Summary**
For Sale Via Online Auction. (Terms and conditions apply).
The subject premises is a two storey mid terrace, traditional brick built
building which consists of a ground floor fully equipped fish and chip
takeaway which is currently owner occupied and a three bedroom house which is
currently tenanted for 500pcm (6, 000pa).
**Location**
The subject is located within Romaine Square in Bowburn Village, County
Durham. The property is within an increasingly popular area, with 700
newbuilds in progress. There are benefits from reasonable services as well as
transport links such as the A177 and the A1M. Durham Centre is located
approximately 4 miles to the North and Newcastle City Centre is approximately
20 miles North.
**Accommodation**
Ground floor
Internal storage: 6. 4sqm
Retail zone A: 17. 4sqm
Total 23. 8 sqm (256sqft)
Sizing sourced from voa.
**Tenure**
Freehold. Title number DU123797.
**Rateable Value**
The current rateable value is 1, 600. (1 April 2023 to present)
Sourced from voa.
**Council Tax**
Band A.
**EPC**
Both available upon request (ratings C and D).
**Additional Information**
For further information please contact our office direct on , or alternatively
via e - mail on . With regards to viewing the subject site, 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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