Freehold commercial property requiring renovation, offered with vacant possession and excellent development potential (subject to any necessary consents).
Description
Offered to the market with vacant possession, this freehold commercial property presents an excellent opportunity for investors, developers and owner-occupiers seeking a renovation project with scope to add value. Positioned within Consett town centre, the property requires a full programme of refurbishment but offers excellent potential for a variety of future uses, subject to obtaining any necessary planning consents.
The accommodation briefly comprises a front commercial sales area with large display window, providing a bright retail or office space. To the rear is a kitchen area with access to a useful store room and separate WC. The first floor offers two generously sized rooms, previously utilised as ancillary accommodation, lending themselves to office space, storage or further redevelopment (subject to the necessary permissions).
Externally, the property benefits from an enclosed rear yard with rear access. The building is in need of comprehensive modernisation throughout, making it an ideal project for those looking to refurbish and repurpose a character property in a central location.
The property is offered freehold and with vacant possession, allowing immediate access upon completion. A versatile investment opportunity with significant scope for improvement and future income potential.
Tenure: see legal pack
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
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