* Mixed Use Investment
* Ground Floor Retail
* 2 x Apartments Above
* Freehold Title
**Summary**
*For sale via secure sale online bidding: Terms and conditions apply. *
The subject premises is a mid terrace, mixed use investment located on Church
Street, Seaham. The property consists of a ground floor retail unit which is
currently let at 500pcm(6, 000PA). We currently await lease details. The first
floor consists of a two bedroom residential apartment which is currently
vacant. The second floor consists of a one bedroom apartment which is also
currently vacant.
**Location**
The subject property is located along Church Street, a busy retail location in
Seaham town centre. The closest transport links are Sophia Street bus stop
(374ft) and Seaham train station (0. 6 mile). Sunderland City Centre is located
approximately 6 miles away.
**Accommodation**
Ground floor - 40sqm (431sqft)
Flat A - 61sqm (657sqft)
Flat B - 50sqm 538sqft)
**Lease Details**
We are advised that the rents are as follows:
Ground Floor retail - 500pcm (6, 000pa).
Full tenancy information will be provided in the legal pack.
**Rateable Value**
The adopted rateable value is 3, 900 as of 1st April 2023.
Sourced by voa.
**EPC**
Ground floor - D (76)
Flat A - D (60)
Flat B - E (48)
**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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