retail in NE49

Westgate, Haltwhistle, Northumberland, NE49 9AQ

Starting Bid
£161,000
Time left:
Bid now

Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Three Storey Mixed Use Property
  • Ground Floor Retail
  • Four Bedroom Apartment
  • Current Income £6,600 PA
  • Prominent Position
  • Freehold Title

retail in NE49

For sale via Online Auction. Please enquire for further information. Terms and conditions apply.

We are pleased to offer to auction this substantial stone-built mixed commercial and residential property, excellently located along Westgate, Haltwhistle town centre, Northumberland. Spanning across three floors, the property comprises an A1 retail unit, which is currently owner occupied, and a tenanted four bedroom apartment to the upper floor. The premises benefits from ornate window frontage and separate access to the apartment. We are advised the apartment is tenanted at £550 per calendar month.

Summary

  • Property Type: Retail
  • Tenure: Freehold
  • Parking: On Street

Location

The subject property is located within the centre of Westgate, forming part of Haltwhistle town centre, Northumberland. The location benefits from a good level of services with a number of high street retailers and banks. Haltwhistle is a small historical semi-rural town situated just off the A69, with Hexham 16 miles to the east and Carlisle 23 miles to the west. The area is provided with a reasonable level of services and facilities and given access to a wider range of services by the A69.

Commercial Accommodation

The ground floor consists of: ground floor retail unit, kitchen, utility room and a bathroom.
NIA 46.47 m2 (500 sq ft).

Residential Accommodation

The residential aspect consists of:
Lounge: 5.3 x 3.5m
Kitchen: 4.1 x 3.3m
Bathroom:
Bedroom 1: 4.3 x 2.6m
Bedroom 2: 4 x 2.7m
Bedroom 3: 3.1 x 3.4m
Bedroom 4:

Tenure

By way of freehold title.
Title Number: ND139563

Rateable Value

The adopted rateable value is £2,550 as of 1st April 2017.
Sourced from VOA.

EPC

Available upon request (rating D).

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. 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.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply. We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% subject to a minimum of £2,400 inc VAT which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 2.4% inc VAT to a minimum of £2,400 inc VAT.  This does not form part of the purchase price.

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
Up to £50,000 - £250 minimum bid 
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
£250,001 to £1 million - £2,000 minimum bid 
£1 million+ -  £2,500 minimum bid 

Please note this bidding process applies specifically to online auctions. 

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