York Road, Hartlepool, TS269DE

Starting Price* £180,000

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Fees & Charges Explained

Property Overview

This is a valuable freehold three storey retail unit which lies in a prominent location on York Road in Hartlepool. The property has a good frontage and approximately 790 square feet of retail/office space to the ground floor. There are additional ground floor facilities including w.c., separate office and a bin store.

To the first floor there are good sized offices together with a further w.c. and kitchen facilities. To the second floor there are three further offices.

The building extends to approximately 2250 square feet in total.

The property is being sold as an investment with the existing business being unaffected.

A new 10 year lease will be created with the new owner. The tenants will be Robinsons Tees Valley Ltd. The term of the new lease will be 10 years with a 5 year review. The initial rent is £18,000 per annum.

In brief the accommodation comprises: main office with good frontage of 19'6 extending to approximately 628 square feet of floor space. Rear office, open storage, rear lobby, ground floor cloakroom/w.c., first floor landing, kitchen, three offices and separate w.c. To the second floor three further offices.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of:

  • A non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of £6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price.
  • A non-refundable Buyer Information Pack fee of £200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase.
Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification for this must be sought from your legal representative.The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our website, or requested from our Auction Department.Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change.Terms and conditions apply to the Modern Method of Auction, which is operated by the Great North Property Auction powered by IAM Sold.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Main Office - 5.94mx9.83m (19'6x32'3) - Plus 18'x8'9 Rear Office - 2.03mx2.46m (6'8x8'1) - With a double central heating radiator and fluorescent light. Open Storage - 2.16mx4.01m (7'1x13'2) - With a double central heating radiator and under stairs storage facility. Rear Lobby - With rear access. Bin store Ground Floor Cloakroom/W.C. - 2.90mx1.52m (9'6x5') - With a low level w.c., pedestal wash hand basin, central heating radiator and a gas boiler (providing central heating and domestic hot water). First Floor Landing - Kitchen - 2.18mx2.24m (7'2x7'4) - With a stainless steel sink unit together with a range of wall and floor units with laminate top work surfaces. Cloakroom/W.C. - With low level w.c. and wash hand basin. Half Landing - With central heating radiator. Front Office One - 3.76mx4.04m (12'4x13'3) - With a double glazed bay window, double central heating radiator and fireplace. Office Two - 3.76mx4.04m (12'4x13'3) - Situated to the rear with a double glazed window and central heating radiator. Office Three - 2.24mx2.26m (7'4x7'5) - Situated to the front with a central heating radiator, double glazed window with vertical blinds. Second Floor Landing - With double central heating radiator and two storage cupboards. Office Four - 3.76mx4.06m (12'4x13'4) - Situated to the front with a double central heating radiator. Office Five - 4.09mx4.14m (13'5x13'7) - Situated to the rear with a double central heating radiator, fireplace, double glazed window and vertical blinds. Office Six - 2.24mx3.05m (7'4x10') - With a double glazed window with vertical blinds.

Request full details for this property

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Local Branch: 106 York Road, Hartlepool, TS26 9DE
Head Office: Robinsons, Durham, DH1 3HL

Fees & Charges Explained

York Road, Hartlepool, TS269DE

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement In the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £200.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Need More Information?

For further information or to speak to one of our team, please call 0191 239 0802.


These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.