2 Bedroom Shop with Living Accommodation
Fore Bondgate, Bishop Auckland DL14 7PE
£67,000
30 June 2025
GUIDE PRICE
AUCTION DATE
An Ideal Investment opportunity in this mixed use property. On the ground floor is a long term tenant selling clothes, whilst on the first and second floor there is a two bedroom flat let on an assured shorthold tenancy. The combined rent for the property is £8300 Per annum, which would generate a gross return on investment. Fore Bondgate is a street that connects to the market place and sees a good deal of foot traffic due to it’s historic shops, all of which are independant traders. The area has benefitted from investment of late, and should see further improvements from the Redevelopment of the market place by the Auckland Project who intend to convert the empty buildings next to the town hall into a large Hotel providing accommodation for vistors to the town. PART A Local Authority “ Durham County Council Council Tax Band “ A (Flat) Rateable Value £3300 PA for the shop Tenure “ Freehold PART B Property Type “ mid terrace Property Construction “ Standard Number & Types of Rooms “ Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Parking: on street PART C Building Safety “ The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm Restrictions – Covenants apply – list available Rights & Easements- Rights apply – list available Coastal Erosion – NA Protected Trees “ No Conservation area “ No Planning Permission “ No Accessibility “ The property has not been altered for accessibility Mining Area “ Records available do not show any historical mining in the near vicinity of the property Selective License Area “ No Property details provided by JW Wood EPC rating: both D Council Band: A Tenure : Freehold
Fore Bondgate, DL14
Guide Price
£67,000
Auction Date
30 Jun 2025
Time
10:00
Venue
Online
Auctioneer
Agents Property Auction
Agents Property Auction
14a Front Street, Prudhoe, Northumberland, NE42 5HN
01661 831 360
About Agents Property Auction
Working alongside his wife Alison they both have over 25 years’ experience in successful property auctions, they have seen first-hand, the benefits of auction to thousands of buyers and sellers. Traditionally auction has been regarded as a means of buying and selling cheap, run down properties and repossessions which is still the case, but the real growth over the last few years has been in the popularity of selling residential family homes. All properties, irrespective of location or price are suitable for APA auction. Both sellers and buyers benefit from this quick, safe and more secure method of sale.