For Sale Development Property 

Unit 1, Ground Floor Unit at Trafalgar Street, Consett – For sale by our joint auctioneers London City Auctions in their 31st May auction, online or in person at the Hard Rock Hotel at 2pm

Part Commercial Premises with Investment Income

Description:
An ideal investment opportunity to buy a unit in a shopping arcade which fully consists of 10 shops, 7 of which are obtaining a current rental income of around £25,000 pa. Unit 1 is a ground floor corner unit which could be used for a variety of investment opportunities and is currently vacant.

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 £5000 + 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 Licence) to fit in line with the Anti Money Laundering Act.