Warehouse
We are offering an impressive 1.13 acres site with 16,300 sq.ft industrial unit that is located in the highly desired and well managed Longhill Industrial Estate. It is ideally situated with easy access and a private driveway for excellent security and convenience for truck and trailers. Ideal for heavy industrial use or bulk storage as well as retail distribution and sales.
This property has excellent roof height and good access for trucks. The units are mainly steel framed with block walls, roller shutter doors and the perimeter has steel fencing. Offers a spacious front reception area, office space, kitchen area and toilets. The front allows parking of approximately 20 cars and the back has ample flat land for storing 20ft and 40ft containers or trucks.
The Industrial Unit is already subdivided into 4 units for sub-letting giving scope for an increase in rental income. The individual units benefit from Small Business Rates Relief granted by Hartlepool Council. The property is now offered vacant and we are informed the last rental income of £29 000 per annum. Suitable for a variety of uses. It can be let individually or further opened up to provide larger space if required. The units have been subject to vandalism and fly tipping so will need upgrading throughout. Water, mains drainage and electricity are connected.
The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.
Freehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
