Front Street, Craghead, Stanley, DH9
£150,000

Guide price

Bedrooms: 5
Available for sale by Public Online Auction 27th March 2024. This substantial detached property is suitable to various buyers from families, investors or those with a business.

Built in 1899 Graphic House has an interesting history being originally a Coaching Inn as the main stopping point between Durham and Hexham. The current owners ran a printing business from the ground floor of the property for many years with the first and second floors being a large family home. The property has gas-fired central heating via two combination boilers and majority uPVC double glazing. The accommodation comprises, on the ground floor there are five workshop areas and a w.c., on the first floor there three large reception rooms, an office and a kitchen. On the second floor there are five bedrooms and a bathroom, there is a cellar to the lower ground floor which has three further large rooms. To the rear of the house there are three garages with workshop areas and a hayloft, there is a large area of hard standing and a decked patio. There is also a separate driveway to the side of the house in which there is a right of access for the nearby allotments.

Agent notes:

Council tax band A, business ratable value £4,100 (this is currently not paid by small businesses in County Durham).

Mains Electricity, water (metered) and sewerage.

Fibre broadband available to the postcode, no cable available, mobile phone coverage by O2, Vodafone, EE & Three.

Official flood risk - Rivers & seas - very low, surface water - low.

Restrictive covenant stating the property not be used for the

manufacture sale or supply of beer, wines, spirits, cider, mineral waters or icecream or as a registered club, nor

permit any person to apply for a licence for the sale of

intoxicating liquors

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+vat (Total £2400) Auction Administration Fee. OPTION 1.

Marketed by 01207 437382

J W Wood - Stanley

91 Front Street, Stanley

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