- For Sale By Auction Thursday 29th January 2026 - Bidding Opens 24 Hours Prior
- Freehold
- Viewing By Appointment Only
This property listing is now SSTC
Office for sale in Durham
1
For Sale By Auction Thursday 29th January 2026 - Bidding Opens 24 Hours PriorThis is the freehold interest in a two storey property currently let on a long term lease. The building is located on the edge of a small complex of commercial buildings and has pedestrian access from Tempest Road - A prime commercial position on one of the main access routes to the sea front. The property is presently let to the Reserve Forces and Cadets Association for the North of England, for a term of 21 years from 29th September 2021, at a rent of £1675 per annum, with rent reviews every tenth years.The accommodation comprises a ground floor rife range(104sqm approx.), with accommodation above consisting of 63 sqm of useable space plus a kitchen, WC's and storage
Disclaimer 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. Disclaimer A copy of the title is available upon request via Agents Property Auction, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase. Disclaimer We are advised by the seller that the property has mains provided gas, electricity, water and drainage. MATERIAL INFORMATION
The following information should be read and considered by any potential buyers prior to making a transactional decision: SERVICES
We are advised by the seller that the property has mains provided gas, electricity, water and drainage.
WATER METER - TBC
PARKING ARRANGEMENTS - Street Parking
ELECTRIC CAR CHARGER - No
MOBILE PHONE SIGNAL No known issues at the property / Some limited issues in certain areas of the property / Mobile phone signal is not available at the property.
BROADBAND SPEED The maximum speed for broadband in this area is shown by imputing the postcode at broadband checker.
FLOOD RISK RATING Please check the online long term flood risk checker on the gov.uk website.
NORTHEAST OF ENGLAND - EX MINING AREA We operate in an ex-mining area. This property may have been built on or near an ex-mining site. Further information can/will be clarified by the solicitors prior to completion.
The information above has been provided by the seller and has not yet been verified at the point of producing this material. There may be more information related to the sale of this property that can be made available to any potential buyer. These particulars are intended to give a fair and reliable description of the property but no responsibility for any inaccuracy or error can be accepted and do not constitute an offer or contract. All measurements are approximate and for guidance only.
Important Information
- This is a Freehold property.
Property Ref: 473856
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16 North Terrace, Seaham, County Durham, SR7 7EU
0191 5813213
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