£37,450

Restaurant for sale

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Guide price

£37,450

(£86.49/sq. ft)

Restaurant for sale

Western Avenue, Esh Winning, Durham DH7

433 sq. ft

Local area information

Property location

Nearby amenities

  • Our Lady Queen of Martyrs Roman Catholic Voluntary Aided Primary School, Newhouse 0.6 miles
  • Esh Winning Primary School 0.6 miles
  • Durham 5.3 miles
  • Chester-le-Street 7.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Ground Floor Retail
  • Hot Food Takeaway
  • Prominent Position
  • NIA: 40.2 m2 (433 sq ft)
  • For Sale By 'Secure Sale' Terms & Conditions apply
Summary

Price reduced to sell!

For sale via auction. Terms and conditions apply. Freehold.

The subject property is a mid terrace, single storey premises with A5 (hot food takeaway) use class to the ground floor.

Internally the property comprises, main sales area, commercial kitchen with ancillary storage and WC.
The premises benefits from having a fully functional commercial extractor unit and functional gas and electric.

Location

The subject property is located on Western Avenue, Esh Winning which lies approximately 7 miles west of Durham City Centre. Esh Winning also lies within close proximity to the A1(M). The area benefits from a reasonable level of services and facilities together with good levels of footfall and passing trade.

Accommodation

Single storey mid terrace premises comprising:

Access from street level leading to:

Ground floor: Main sales area, commercial kitchen, storage and WC.

Net Internal Area approximately: 40.2m2 (433ft2)

Tenure

Freehold. Title Number DU240967.

Rateable Value

The adopted rateable value being 2,125 as effective form 01 April 2023. Source .

EPC

Available upon request (rating C).

Additional Information

For further information please contact our office on , or via email on:

Viewing is strictly by appointment with / through Keith Pattinson Commercial Department, please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.

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 equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Durham
  5. Esh Winning
  6. Western Avenue