Tow Law Pharmacy 24 High Street
Tow Law Pharmacy 24 High Street, Bishop Auckland, DL13 4DL
- 2
Key features
Guide Price: *
£127,500
Fees apply
Reservation fee:1.80% (min. £6,000)
Legal fee:£800.40
All fees include VAT at 20%
Auction Type:
† Conditional
Start price:
£127,500Bid history
0 bidsCOMING SOON - FOR SALE BY ONLINE MODERN (CONDITIONAL) AUCTION.
Located on the A68 in the busy village of Tow Law, this commercial property presents a unique opportunity for a local business owner. Previously functioning as a pharmacy, the premises offer a substantial shop space complemented by two storage rooms, providing ample space for various business operations.
Above the commercial property, there is a three-bedroom residential space. The living quarters include two spacious reception rooms, offering flexibility for living or office use. The well-proportioned kitchen/diner provides a practical space for meal preparation and dining. Three double bedrooms complete the residential accommodation, allowing for comfortable living arrangements or additional office space if required.
In brief, the ground floor accommodation comprises, a large shop space, rear shop area, utility room, two storage rooms, rear hallway, WC, rear porch, spacious lounge area, and staircase rising to the first floor. To the first floor, are the property's three double bedrooms, living room, spacious kitchen/diner, and bathroom. The residential element of the property is in need of refurbishment, providing the opportunity for a business owner to convert to office space or live-in premises.
Externally, the property features an enclosed rear yard, ideal for personal use or employee breaks.
This property is for SALE BY MODERN ONLINE CONDITIONAL AUCTION, with all relevant legal documents and bidding information available on our website. It represents a great opportunity for those seeking a combined commercial and residential investment in a thriving location.
To explore the potential of this property further, please arrange a viewing at your earliest convenience.
Method of Sale:
- Online Conditional Auction - BIDDING OPENING SOON
- The successful bidder will exchange contracts at the end of the auction and will be required to pay a non-refundable buyer fee of £6,000 including VAT via the auction platform, in addition to a 10% deposit towards the purchase via the seller's solicitor, plus a £800 (inc. VAT) contribution toward the seller's legal costs
- Completion must take place within 28 days of contract exchange
- Property details and legal documents can be viewed on the Weardale Property Agency website in the online auctions section
- Viewing bookings are now being taken
- All bidders must first register on the Weardale Property Agency website in the online auctions section
- All bids must be made via the Weardale Property Agency website
Disclaimer:
These particulars are intended to give a fair description of the property but do not constitute part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy. No person in the employment of the seller or agent has any authority to make or give any representation or warranty in relation to this property. We are obliged to conduct an Anti-Money Laundering (AML) check on all buyers, this is a legal requirement, it’s an online process and doesn’t affect your credit score. We charge a fee for the AML check, which our Onboarding and Compliance Team will collect once a buyer has had an offer accepted on a property.
COMING SOON - FOR SALE BY ONLINE MODERN (CONDITIONAL) AUCTION.
Located on the A68 in the busy village of Tow Law, this commercial property presents a unique opportunity for a local business owner. Previously functioning as a pharmacy, the premises offer a substantial shop space complemented by two storage rooms, providing ample space for various business operations.
Above the commercial property, there is a three-bedroom residential space. The living quarters include two spacious reception rooms, offering flexibility for living or office use. The well-proportioned kitchen/diner provides a practical space for meal preparation and dining. Three double bedrooms complete the residential accommodation, allowing for comfortable living arrangements or additional office space if required.
In brief, the ground floor accommodation comprises, a large shop space, rear shop area, utility room, two storage rooms, rear hallway, WC, rear porch, spacious lounge area, and staircase rising to the first floor. To the first floor, are the property's three double bedrooms, living room, spacious kitchen/diner, and bathroom. The residential element of the property is in need of refurbishment, providing the opportunity for a business owner to convert to office space or live-in premises.
Externally, the property features an enclosed rear yard, ideal for personal use or employee breaks.
This property is for SALE BY MODERN ONLINE CONDITIONAL AUCTION, with all relevant legal documents and bidding information available on our website. It represents a great opportunity for those seeking a combined commercial and residential investment in a thriving location.
To explore the potential of this property further, please arrange a viewing at your earliest convenience.
Method of Sale:
- Online Conditional Auction - BIDDING OPENING SOON
- The successful bidder will exchange contracts at the end of the auction and will be required to pay a non-refundable buyer fee of £6,000 including VAT via the auction platform, in addition to a 10% deposit towards the purchase via the seller's solicitor, plus a £800 (inc. VAT) contribution toward the seller's legal costs
- Completion must take place within 28 days of contract exchange
- Property details and legal documents can be viewed on the Weardale Property Agency website in the online auctions section
- Viewing bookings are now being taken
- All bidders must first register on the Weardale Property Agency website in the online auctions section
- All bids must be made via the Weardale Property Agency website
Disclaimer:
These particulars are intended to give a fair description of the property but do not constitute part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy. No person in the employment of the seller or agent has any authority to make or give any representation or warranty in relation to this property. We are obliged to conduct an Anti-Money Laundering (AML) check on all buyers, this is a legal requirement, it’s an online process and doesn’t affect your credit score. We charge a fee for the AML check, which our Onboarding and Compliance Team will collect once a buyer has had an offer accepted on a property.
Summary
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- N/A
Guide Price: *
£127,500
Fees apply
Reservation fee:1.80% (min. £6,000)
Legal fee:£800.40
All fees include VAT at 20%
Auction Type:
† Conditional
Start price:
£127,500Bid history
0 bidsSummary
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- N/A
This property is being sold by:
Weardale Property Agency
01388 43 44 45
63 Front Street, Stanhope, County Durham, DL132TY
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Legal Docs" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Legal Docs" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Legal Docs" section in the listing above), they will forfeit the full amount of the reservation fee. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Proptech and Weardale Property Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Weardale Property Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
Pursuant to the Auctioneer Act 1845, this auction is being conducted by the auctioneer stated above. All participants in this online auction shall note that both the Auctions (Bidding Agreements) Act 1927 and 1969 shall apply.
Where stated in the bid box above, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and Deposit. You will only be charged if you are the winning buyer. We will release the pre-authorisation at the end of the auction. You card issuer may take up to 10 working days for this amount to be available to you in your account.