Situation & Description
The land is situated on the corner of Mount Stewart Street and Queen Alexandra Road in a popular residential area of Seaham. Local amenities are located a short distance away on Queen Alexandra Road to include: newsagents, bakers, William Hill and a selection of take-away shops. The land is also within close proximity to Seaham golf club as well as Dawdon Miners Social Club.
The land may offer a buyer various different uses subject to gaining the necessary consents and permissions from the local authority. Buyers are advised to carry out their own due diligence as to the suitability of its current and future potential uses.
Local authority is: Durham County Council
The lot is to be sold by online auction on Wednesday 16th December at 8pm (bidding opens on Tuesday 15th December at 12pm)
All interested parties who wish to bid, please contact My Auction on 0207 101 4868
Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer (subject to a minimum fee of £2,400 inc.VAT).
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.