Property description
For sale by auction and ideally suited to investment purchasers. A large end terrace property with ground floor commercial unit which was previously let at £390pcm the first and second floor Maisonette has a potential income of £425pcm which could produce an annual income of £9780 per annum.
The property has the benefit of electrical heating within the commercial unit with the maisonette having gas central heating and uPVC double glazing. On the ground floor the property comprises; shop unit with kitchen area and w.c. The entrance lobby to the side provides access to a large storeroom and large garage/utility room, Stairs to first floor landing where there is a large lounge/dining room, a modern kitchen and bathroom/w.c., to the second floor there is two large double bedrooms. Externally there is a small enclosed yard to the rear.
Situated within the Annfield Plain conservation area, the property is situated within the centre of the village close to other shops and businesses. Annfield Plain has amenities including a Primary School a Tesco supermarket and is approximately Two miles drive from Stanley town centre where the North Durham Academy is Situated.
Disclaimer
None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property. For sale by auction see www.agentspropertyauction.com
Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
| Ground Floor |
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| Shop Area | 17'11\" x 16'2\" (5.46m x 4.93m).
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| Kitchen area | 6'9\" x 16'2\" (2.06m x 4.93m).
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| W.C. |
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| Rear Hall |
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| Entrance Lobby | Stairs to first floor.
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| Store | 12'8\" x 12'11\" (3.86m x 3.94m).
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| Garage | 9'3\" x 22'3\" (2.82m x 6.78m). Stainless steel sink unit.
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| First Floor |
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| Landing |
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| Lounge | 23'9\" x 16'4\" (7.24m x 4.98m). Feature fireplace with electric fire, two radiators.
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| Kitchen | 11'10\" x 8'9\" (3.6m x 2.67m). Fitted with a range of floor and wall units with complementing work-tops, stainless steel sink unit, built in oven and hob,
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| Bathroom | 8'3\" x 8'10\" (2.51m x 2.7m). Panelled bath, electric shower over, pedestal hand basin, w.c., radiator, central heating combination boiler, built in cupboard.
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| Second Floor |
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| Landing |
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| Bedroom one | 16'3\" x 12'6\" (4.95m x 3.8m). Radiator, built in cupboard.
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| Bedroom two | 13'11\" x 12'7\" (4.24m x 3.84m). Radiator, built in cupboard.
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Property Info: