Freehold Education Investment, County Durham, DL5

Embleton View School, Kingdom Hall, Alington Road, Newton Aycliffe, County Durham, DL5 4LS

A commercial property in Alington Road, Newton Aycliffe (DL5), freehold. Allsop is selling it at auction on Wednesday 11 November, with a guide of £300,000 - £325,000. The auctioneer's listing says it comes with a tenant in place. The stated rent is £35,000 a year, about 11.7% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Allsop's lot page.

From the auctioneer's description:tenantedStated rent £35,000 a year · 11.7% gross on the guide

Guide price

£300,000 - £325,000

18days

13hrs

10mins

20secs

Wed 11 NovAdd to calendar

Bid on the auctioneer's site View the legal pack

Status verified with Allsop 1 hour ago

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Location

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County Durham, DL5. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£306,500See breakdown

Est. total£306,500

Price£300,000
Buyer's / admin fee£2,000
Stamp duty (non-residential) estimate£4,500
Legal pack and searches£0

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Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work