Auction
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1-2 South Road Industrial Estate, Alnwick, NE66 2NN

  • Auction
  • Lot 1
  • United Kingdom
  • Retail Park
  • Commercial

Sold for £701,000

Property Summary

  • Freehold former car showroom/industrial unit
  • Approximately 1,284 sq m (13,823 sq ft)
  • Large site area of 0.42 hectares (1.04 acres)
  • Main road position in an established commercial location
  • Alternative use potential (subject to planning)
  • Vacant possession
  • Offered on behalf of the Administrators

 

Contact Us

Simon Bailey
Simon Bailey
Property Agent, here to help.
Martin Wilson
Vendor's Solicitor

Contact Us

Simon Bailey
Simon Bailey
Property Agent, here to help.
Martin Wilson
Vendor's Solicitor

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Property description

A detached purpose-built showroom/industrial building of dual pitch steel portal frame construction totalling approximately 1,284 sq m (13,823 sq ft) on a site of approximately 0.42 hectares (1.04 acres). The building is arranged as a former car showroom to the front and workshop, offices and storage to the rear. The rear workshop has an internal eaves height of approximately 5m and benefits from up and over loading doors providing vehicular access on to the main estate road. Externally there is extensive car parking and the site could offer alternative use or redevelopment potential, subject to obtaining the necessary consents. Prospective purchasers are advised to make their own enquiries in this regard.

We understand that the upkeep of the estate road is split between the five buildings on the estate, with two fifths being attributable to the subject property (refer to the legal pack).

Location

The market town of Alnwick lies on the south bank of the River Aln about 33 miles north of Newcastle-upon-Tyne, 30 miles south of Berwick-upon-Tweed and the Scottish border and 5 miles inland from the North Sea coast at Alnmouth. The town is situated immediately to the west of the A1, from which it can be accessed via the A1068, B1340 and B6346. Alnmouth railway station lies about 4 miles to the south east, which is on the East Coast Mainline providing regular train services to Edinburgh Waverley and London King's Cross as well as regional rail links. Newcastle International Airport lies about 33 miles to the south providing regular domestic and international departures.

South Road forms part of the A1068 and is the main approach into Alnwick town centre from the A1.The property forms part of South Road Industrial Estate and commands a prominent position on the west side of the road in an established industrial location less than one mile south of the town centre. Notable nearby occupiers include Aldi, Topps Tiles, Sainsbury's and Homebase.

Planning

Northumberland County Council (0345 6006400) - www.northumberland.gov.uk

Tenure

Freehold

Additional Details

Accommodation

Sq M

Sq Ft

Showroom

Rear workshop

Offices, WCs and circulation

Mezzanine offices/ancillary

248.51

738.09

109.62

187.84

2,675

7,945

1,180

2,022

Total

1,284.16

13,823

Site Area

1.04 hectares

0.42 acres

The auctioneers have not measured the property. All areas have been provided by the Vendor.

VAT

Please refer to Legal Documents

Energy Performance Indicator

Rating 61 Band C

Helpful links

*Terms & Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,295 (inclusive of VAT) for all properties up to £49,999, and £2,400 (inclusive of VAT) for all properties £50,000 and above charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,795 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All Lots sold “Subject to Vendor Confirmation” will be subject to acceptance and confirmation by the Vendor. The highest bid will be presented to the Vendor, the Vendor will have to either accept, decline or make a counteroffer, within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising of the offer the Vendor is willing to accept. The Highest Bidder will be obliged to accept or reject the Vendor's counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.
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