£50,000
NEWGATE STREET, BISHOP AUCKLAND, COUNTY DURHAM, DL14 DL14 7EQ
SSTC
5 Bedroom Terraced
<p>** Superb Commercial Property For Sale via Auction**</p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">We are delighted to present this larger-than-average commercial unit to the market, available via online auction with Dowen and IAM-SOLD. Offering an impressive 295 square metres (approx.) of versatile accommodation across three floors, this substantial property is situated in the heart of Bishop Auckland, directly on the busy and highly visible Newgate Street thoroughfare.</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Property Overview</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">This expansive property is well-suited to a wide range of commercial uses and presents a fantastic opportunity for investors, business owners, or developers.</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">The accommodation is arranged over three floors and briefly comprises:</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Ground Floor: Prominent shop frontage with direct street access, ramp leading to central corridor, office space, kitchen, cloakroom/WC, central store, additional store, and rear store with access to rear service lane.</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">First Floor: Accessed via a separate entrance, with landing area, office space, additional office, staircase leading to two further offices, and a large rear storage space with outdoor access.</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Second Floor: Further landing area with two additional office spaces.</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">The layout provides flexibility for a wide variety of business operations, whether retail, office-based, or mixed commercial use.</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Key Features</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Size: Approximately 295 sq. m. (over 3,175 sq. ft.)</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Prime Location: Positioned on Newgate Street, one of Bishop Auckland's busiest commercial areas.</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Former Occupancy: Previously let to Heron Foods, generating rental income up to December 2025.</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Income: A further £13,500 rental payment due in September before the lease is surrendered thereafter.</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Rateable Value: £16,500</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Energy Performance Rating: E</span></p><p>Buyer's Premium: £6,600</p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Auction Details</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">This property is offered for sale by auction in partnership with IAM-SOLD and Dowen.</span></p><p>Interested parties are strongly encouraged to arrange an internal viewing to fully appreciate the scale and potential of this property.</p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Accommodation Summary</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Shop Area</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Central Corridor</span></p><p><span style="font-size: 0.875rem; letter-spacing: 0.01em;">Office</span></p><p>Kitchen</p><p>Cloakroom / WC</p><p>Central Store</p><p>Store</p><p>Rear Store (with rear lane access)</p><p>Hall</p><p>Landing</p><p>Multiple Offices</p><p>Large Rear Store</p><p>External Outdoor Space</p><p>Viewing & Further Information</p><p>For further details, or to arrange a viewing, please contact Dowen & IAM-SOLD directly.</p>
WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT.
These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.