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Salisbury Terrace, Darlington, Durham, DL3 6NX

Guide Price
£290,000

Business rates & charges may apply

Pattinsons, Pattinsons Commercial North East
SIZE

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SECTOR

High street retail property for sale

Key features

  • Well Established Business
  • Two Storey Building
  • High turnover
  • 30+ years of trading
  • Freehold Title

Description

FOR SALE BY AUCTION: Terms and conditions apply.

We are pleased to offer to auction this extremely busy and well-established sandwich company in the area of Darlington. Formally a butcher’s shop and with over 30 years of trading experience covering the whole of Darlington and surrounding areas. This freehold store consists of 2 floors and has a high turnover, a huge and loyal client base with many selling their products for over 25 years. With a team of specialised staff members to allow a smooth transaction of the business to the new owner. This thriving catering business has 5-star reviews on a variety of online platforms and offers a range of premium quality traceable products, a professional high quality service with an excellent choice of locally sourced fresh butchery, meats, poultry and savouries. The current owner has been running the business successfully since 1989 and benefits from being in a prime location with a year round regular and loyal customer base and passing trade from a busy local residential area.

Location

The business is located close to the A68 / A167 and a short drive from Darlington Town Centre with good transport links and close to the train station. The prime location on a busy road close to a residential area means the business benefits from a high footfall of passing trade.

The business also has the advantage of free parking located on the street next to the business ideal for both staff and customers and is a short distance from local amenities.

Accommodation

The front of the premises is well signed with double fronted display window space. The premises consists of 2 floors, on the ground floor there is a front display room which houses a large glass-fronted and refrigerated delicatessen style food display and counter area, 3 preparation rooms and on the second floor there is an office, storage room and a kitchen. The business is fully equipped with all the necessary machines and equipment needed to run the business to its full potential.

Tenure

Freehold. Title number DU131922

Rateable Value

The Rateable Value for the subject property is £2,700 as on 1st April 2017.

Sourced from VOA.

EPC

Available upon request (rating D).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Brochures

Salisbury Terrace, Darlington, Durham, DL3 6NX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • North Road Station0.4 miles
  • Darlington Station1.0 miles
  • Dinsdale Station4.0 miles

About Pattinsons, Pattinsons Commercial North East

Kingfisher Way Silverlink, Wallsend, NE28 9NY

Notes

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Disclaimer - Property reference 389251. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinsons, Pattinsons Commercial North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Commercial North East on 0191 743 9260.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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