Retail in SR7
Tempest Road, Seaham, Durham, SR7 7AY
Online auction
Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk
- Warehouse Storage Space
- Dog Grooming Facility
- Close To Local Amenities
- Central location
- Planning Permission
Retail in SR7
*For sale via secure sale online bidding: terms and conditions apply.*
We are pleased to offer to auction this attractive end terrace building with huge potential, Facing onto Tempest Road, with views of Seaham coastline and the popular North Terrace, the building provides plenty exposure to passers-by. The accommodation comprises a main entrance lobby with double doors from Tempest Rd leading to a ground floor main space with a vaulted ceiling. A mezzanine level is accessed via stairs from both sides from the main entrance. There is a separate ground floor WC, storage cupboard and loft space.
Attached to the main hall is an additional ground floor space which currently houses a popular dog grooming business. This comprises of a separate lobby leading to an additional entrance/exit, WC, fitted kitchen/staff room, reception/waiting area, bathing/shower area and the main salon area. This part of the building benefits from gas central heating (supplied by a commercial boiler and two additional boilers) and an extraction system. There is also additional loft space accessed by loft ladders.
The whole property has benefited from new aluminium windows/double glazing with security covers on the West elevation, a fire system and alarm. A large part of the roof has also been recently renewed. PLEASE NOTE - Comprehensive designs are in place for transforming the main building into a high-end salon.
Whilst the building incorporating the dog grooming business is included in the sale, the dog grooming business is not included. There may however be an option of obtaining revenue from leasing this part of the premises to the existing dog grooming business. For further information into this option or anything else, please contact commercial@pattinson.co.uk
The unit previously was occupied by the Salvation Army.
In relation to the current dog grooming business, this will be closed down by the seller at completion however there is a party interested in taking a lease of the grooming business area, on that basis of internal maintenance of that unit only on an annual renewing basis with a three month notice period, at a rent upwards of £1,000 per month.
Summary
- Property Type: Retail
- Tenure: Freehold
- Parking: Off Street
Location
The subject property is located along Tempest Road, Seaham. It is in the town centre of Seaham and a short distance from the beach. It is within walking distance to all local amenities and also local transportation.
Accommodation
The property is approximately 3061sq/ft of storage space along with a dog grooming station situated to the side of the warehouse.
Tenure
Freehold: Title number DU324382 .
Rateable Value
The adopted rateable value is £6,600 as of April 1st 2023.
Sourced from VOA.
EPC
Rating F. Available upon reuqest.
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.
Floor Plan
Floor Plan 2
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 £3000 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 2.5%+ VAT to a minimum of £2500 + VAT (£3,000 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 auctions@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.
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 within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, 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.
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It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
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:
£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 £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information, call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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