Unsold. Contact the auctioneer. Guide Price = £325,000+

**For Sale By Public Auction 15th March 2023 09:00 AM To inspect the legal documents for this property go to our website www.auctionhouselondon.co.uk to download the legal pack**

A Commercial and Residential Investment Comprising a Ground Floor Double Fronted Shop and 6 x Self-Contained Vacant Flats with an Estimated Rental Value of £38,800 per annum
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Tenure
Freehold

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of South Park are within easy reach. Transport links are provided by Darlington rail station.

Description
The property comprises a end of terrace building arranged to provide a ground floor double fronted shop and six self-contained studio flats on the first and second floors. The property has been recently refurbished.

Accommodation & Tenancy Schedule
PropertyFloorAccommodationTenancy DetailsCurrent RentDouble Fronted Lock Up ShopGroundRetail Space, Kitchen Area, WCCommercial Lease£7,000 per annumFlat 1FirstSelf-Contained FlatERV based on previous rental income £425 pcm (£5,100 pa)VacantFlat 2FirstSelf-Contained FlatERV based on previous rental income £475 pcm (£5,700 pa)VacantFlat 3FirstSelf-Contained FlatERV based on previous rental income £350 pcm (£4,200 pa)VacantFlat 4SecondSelf-Contained FlatERV based on previous rental income £375 pcm (£4,500 pa)VacantFlat 5SecondSelf-Contained FlatERV based on previous rental income £450 pcm (£5,400 pa)VacantFlat 6SecondSelf-Contained FlatERV based on previous rental income £575 pcm (£6,900 pa)Vacant

Open House Viewings:
Viewing Schedule (No Booking Required)

Wednesday 8 March 14:00 - 14:30
Saturday 11 March 12:00 - 12:30