The subject property is a single storey former Miners Welfare Hall, to the rear of converted apartments. The property is provided with a slate covered pitched roof, brick main walls and is provided with access from the rear lane. The premises are provided with a Gross Internal Area, 282.9 m2, (3,045.1 sqft). The property is currently let at a passing rent of £8,000 per annum, on a five year lease. However the subject is also available with vacant possession. The subject property is located within Eastlea Road in Seaham. This area is primarily made up of residential developments and is provided with access to the region via the A19.

LOCATION

The subject property is located within Eastlea Road in Seaham. This area is primarily made up of residential developments and is provided with access to the region via the A19, and Seaham town centre lying approximately 1 and a half miles to the East and Newcastle centre approximately eighteen miles North.

DESCRIPTION

The subject property is a single storey former Miners Welfare Hall, to the rear of converted apartments. The property is provided with a slate covered pitched roof, brick main walls and is provided with access from the rear lane.

ACCOMMODATION

The Net Internal Area of the subject property is approximatley, 245.8 m2, (2,645.8 sqft).
The Gross Internal Area of the subject property is approximately, 282.9 m2, (3,045.1 sqft).

LEASE TERMS

The property will be let at a passing rent of £8,000 per annum, on a 5 year lease term, there is a break clause after 3 years, however the tenant has to give a minimum of 12 months notice and the lease is on a fully repairing and insuring basis. However we have been advised by our client that the subject premises is also available with vacant possession.
Any interested parties should have their legal advisor check this before proceeding to purchase.

TENURE

The title is to be newly created, removing the two storey structure at the front of the site and therefore we await confirmation of tenure.

FURTHER INFORMATION

For further information please contact our office on 0191 239 3252.

VIEWING INFORMATION

Strictly by appointment with Keith Pattinson Commercial Department on 08451 461 586.

AUCTION INFORMATION

The subject property/site is offered on unconditional sale terms. This means that the successful bidder will be required to exchange contracts on the day together with the submission of a 10% deposit. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable bids are legally binding. As well as the 10% deposit any successful bidder would have to pay (£300.00 Inc VAT) admin charge on any auction purchase.

Misdescriptions Act 1967
Keith Pattinson Ltd for itself and for the vendor(s) or lessor(s) of this property whose agent it is to give notice that:-
1. These particulars do not constitute any part of an offer or contract.
2. None of the statements contained in these particulars as to the property(s) are to be relied on as statments or facts.
3. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each statement contained in these particulars.
4. The vendor(s) or lessor(s) do not make or give and neither Keith Pattinson Ltd nor any person in its employment has any authority to make or give any representation to warranty whatsoever in relation to the property.
5. None of the building services or other service installations (whether these be specific responsibility of the freeholder lessor or lessee) have been tested and are not warranted to be in safe working order.
Finance Act 1989
Unless otherwise stated all prices and rents are stated exclusive of VAT.
Property misdescriptions act 1991
Every effort has been made by Keith Pattinson Ltd to ensure accuracy interested parties are strongly advised to take appropriate steps to verify by independent inspection or enquiry all information for themselves and to take approriate professional advice.