7-9 Belle Vue Bank 1,409 SF 100% Leased Retail Building Gateshead NE9 6BQ £160,000 (£113.56/SF)

FOR SALE BY WAY OF ONLINE AUCTION - ON 30TH APRIL 2025. Option 1 - Terms and Conditions apply. See Agents Property Auctions Website for full details.
A fantastic development opportunity located close to the heart of Low Fell at the top of Belle Vue Bank, with planning permission for a full office downstairs covering both shops ground floor and 3 apartments upstairs. The location allows immediate access to the good shopping, leisure and travel facilities available within Low Fell.

The site is currently occupied by two shops with accommodation over and extends to approximately 110 square metres. The planning permits the demolition of the existing buildings and construction of a full office downstairs covering both shops ground floor and 3 apartments upstairs. Full details are available on the local authority planning portal using reference DC/22/00010/FUL. The date of the permission was 28 November 2022.
EPC rating: D and G
Council Band: N/A
Tenure : Freehold

Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of TBC Mbps and a maximum download speed of TBC Mbps at this postcode: NE9 6BQ and mobile coverage is provided by TBC. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: TBC
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on[use Contact Agent Button]
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: D & G

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000.00+VAT (total £2400.00) Auction Administration Fee. Joint Agent The Agents Property Auction Ltd. [use Contact Agent Button]