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COMMERCIAL

8 Market Place, Shildon, Cleveland DL4 2DP

Guide Price
£75,000
Auction House, Auction House North East
PROPERTY TYPE

Pub

SIZE

Ask agent

Key features

  • Attention investors and budding publicans!
  • Close to Shildon Town Centre
  • Requires Modernistation
  • Viewing Reccomended to appreciate the full potential
  • EPC Rating C
  • NB VAT IS PAYABLE ON THE PURCHASE PRICE

Description

CURRENTLY CLOSED PUBLIC HOUSE IN SHILDON FOR SALE BY ONLINE LIVESTREAM AUCTION ON TUESDAY 20TH MAY 2025 AT 12 NOON

CURRENTLY CLOSED PUBLIC HOUSE IN SHILDON

Attention investors and budding publicans! We have here a good size public house, currently closed, just a very short distance from Shildon town centre. To the ground floor, there is a large L-shaped lounge bar and a games room with bar hatch; ladies’ and gents’ toilets to the rear. Externally, there is a large enclosed yard space, and two outbuildings to the rear that provide access to the beer cellar. To the first floor, which needs modernisation but has great potential for development, there are three bedrooms, lounge, kitchen, separate WC and bathroom. Viewing strongly recommended to appreciate the full potential.

NB VAT IS APPLICABLE ON THE PURCHASE PRICE OF THIS PROPERTY

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise.

We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (20th May), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 14 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on . Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed ID checks have been received at . for any further assistance, please do not hesitate to contact us in the office.

Ground Floor L-Shaped lounge bar 9.45m (widest) x 9.60m (longest)
Bar & games room 4.75m x 4.38m
Ladies' and gents' toilets
First Floor Bedroom One 4.53m x 3.08m
Bedroom Two 4.53m x 3.07m
Bedroom Three 5.64m x 4.07m
Lounge 9.56m x 5.98m
Kitchen 5.22m x 1.97m
Office
Separate W/C
Bathroom
Auctioneer's Notes Property construction – Standard
Electricity supply – Mains
Water supply – Mains
Sewerage – Mains
Heating – Gas
Broadband - Standard Speed – 15 mbps
Mobile signal / coverage - O2/Vodafone – Very good/EE/Three –Good
Parking – Off Street
Building Safety – See Legal Pack
Restrictions – No - See Legal Pack -
Rights and easements - See Legal Pack
Flood risk – Very Low
Coastal erosion – Very Low
Planning permission – See Legal Pack -
Accessibility / adaptions – See Legal Pack
Coalfield or mining area - See Legal Pack
Viewings Please contact Auction House North East on for the viewing schedule

Tenure: Freehold

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: 1.8% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

8 Market Place, Shildon, Cleveland DL4 2DP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shildon Station0.6 miles
  • Bishop Auckland Station2.1 miles
  • Newton Aycliffe Station2.6 miles

About Auction House, Auction House North East

The Qube, Windward Way, Middlesbrough, Teeside, TS2 1QG
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Auction House North East delivers success using a powerful package of local, regional and national marketing and promotion. We use specialist local knowledge, regional promotion and national brand publicity to generate more interest and competitive bidding in our auction rooms. Now selling over 3,000 auction lots per year Auction House is the clear market leader nationally. We operate successful regional auction rooms widespread across the country. Most of our sellers and buyers choose to sell/buy using the Traditional Auction method with sales made in our auction rooms and contracts exchanged on the fall of the gavel. In addition we now operate an Online alternative with ebay style internet bidding with the successful buyer having a 28 day exclusivity period to finalise their mortgage and exchange contract. The the best price at auction, sell local, to local buyers with Auction House North-East.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202503281446sq_m21t. 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 Auction House, Auction House 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 Auction House, Auction House North East on 01642 049800.

*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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