Commercial property for sale in /a Heaton Road, Newcastle Upon Tyne, NE6

FOR SALE BY WAY OF ONLINE AUCTION ON WEDNESDAY 27TH MARCH 2024 - Terms and Conditions apply. See Agents Property Auctions Website for full details. www.agentspropertyauction.com.

A great investment opportunity to purchase this mixed use commercial and residential unit generating an income of approx £22,320.16. We are advised the commercial unit is let until July 2024 at £475 pcm and a tenancy signed for the residential flat for 12 months from 1st August 2023 at £16,640.16 (awaiting sight of tenancy agreements). The residential unit offers good size accommodation with four ensuite bedrooms, kitchen and an additional cloak/wc and a yard to the rear.

EPC rating: E

Council Tax Band: A

Tenure: Freehold

ENTRANCE HALL

LIVING ROOM 5.44m (17'10) x 4.65m (15'3)

KITCHEN 4.11m (13'6) x 2.08m (6'10)

FIRST FLOOR LANDING

CLOAK/WC

BEDROOM ONE 3.28m (10'9) x 3.4m (11'2)

EN SUITE

BEDROOM TWO 4.06m (13'4) x 3.28m (10'9)

EN SUITE

SECOND FLOOR LANDING

BEDROOM THREE4.88m (16'0) x 3.56m (11'8) restricted head height

EN SUITE

BEDROOM FOUR 4.88m (16'0) x 4.09m (13'5) max restricted head height

BATHROOM

YARD TO THE REAR

Material InformationThe information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: E

TenureWe will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.

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. The successful buyer pays a andpound;2000.00+VAT (total andpound;2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. Tel: 01661 831 360