For Sale Commercial 

Commercial Development Building, 11-19 Trafalgar Street, Consett, County Durham, DH8 5AP Auction Guide £250,000

Property Features

Location:
Building, Trafalgar Street, Consett, County Durham, DH8 5AP

Contact Agent

The Kiln Second Floor, Waterside Mather Road
The Kiln Second Floor, Waterside Mather Road
Newark-On-Trent
Nottinghamshire
NG24 1FB
Tel: 01636 558200
info@nalcgroup.co.uk

About the Property

Commercial Development Building, 11-19 Trafalgar Street, Consett, County Durham, – For sale by our joint auctioneers London City Auctions in their 30th of June auction, online or in person at the Hard Rock Hotel at 2pm

Freehold – Subject to existing leases

Description:
An ideal investment opportunity to buy a shopping arcade which consists of 10 shops, 7 of which are obtaining a current rental income of £25,000 pa. There are 3 vacant shops which could obtain a further income of around £15,000 pa.
Please note that unit 2 has already been sold and is no longer available for sale.

Location:
Located in the centre of Consett and close to all local shops, set close to the local bus station and just off the A692. Consett is a town in County Durham, England, about 14 miles (23 km) south-west of Newcastle upon Tyne. It had a population of 27,394 in 2001 and an estimate of 25,812 in 2019.

Buyer’s Premium:
Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £5,000 + VAT upon the exchange of contract.

Please feel free to contact our sales and enquires team on 01636 558200 or Email us at sales@nalcgroup.co.uk

When registering to bid with us we will require 2 forms of ID (Passport, Driving License) to fit in line with the Anti Money Laundering regulation act of 2017.

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    Contacting The Kiln Second Floor, Waterside Mather Road
    The Kiln Second Floor, Waterside Mather Road
    Newark-On-Trent
    Nottinghamshire
    NG24 1FB
    Tel: 01636 558200
    info@nalcgroup.co.uk
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