Mixed Use for Investment for Auction Shildon DL4

Auction Date 11 February 2025
Guide Price £100,000
Property Summary

Guide Price £100,000. Property 1: Commercial premises on the ground floor with one bedroom flat above. Property 2: Ground floor undergoing works for a studio flat; the first floor is a tenanted one bedroom flat producing £4,800 p.a. Recently these properties have had a scheme of refurbishment including a new roof and to a good standard. To be sold with the opportunity for a new investor/developer to purchase and complete with their own stamp. Sold as one lot but under two titles due to an internal connection in both the loft and cellar with the garage split also between the titles. By offering as one lot and on two titles, this again brings huge potential to the new owner to either build walls in the loft, cellar and garage and selling on as two properties.

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