Studio flat for sale

** THIS PROPERTY IS FOR SALE BY MODERN AUCTION - T&C's Apply. A rare opportunity to purchase a mid terraced shop, workshop and garage premises, with living accommodation over, within this busy mixed commercial/residential area, well placed for the city centre. With accommodation set over 4 floors, the sale of this property presents a fabulous refurbishment or redevelopment opportunity, subject to the necessary planning and building regulation requirements. The Ground Floor comprises Entrance Hall, Shop Premises with Workshop, extending to around 647 sq ft. To the Second Floor, there is a Workshop and Garage, with vehicular access to the rear lane, extending to around 1,198 sq ft. The Second Floor comprises a Living Room, Kitchen, Bedroom and Bathroom/WC, of around 577 sq ft. To the Top Floor, there is a further Bedroom or Living Room, with steps up to a Mezzanine level, extending to around 483 sq ft. In total, there is around 2,905 sq ft of accommodation. Westgate Road is a main thoroughfare leading into Newcastle city centre from the West. The property is well placed for Newcastle Central Railway Station, St James's Park, Newcastle University and all city centre amenities. Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of 6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than 960 inc. VAT. These services are optional.