*Guide Price £275,000 (plus fees). For Sale by National Timed Auction, bidding opens Monday 2nd December 2024 at 13:00pm and closes Tuesday 3rd December 2024. A large commercial premises located in a prime high street location. Variety of potential uses. Legal pack available via our website.
Description
Freehold Commercial Premises
Situated within a prime high street location and benefitting from approximately 3,370 sq ft of accommodation, this freehold building has a large rear tenement and offers fantastic scope as either a commercial investment or as a development opportunity for conversion to residential in part (subject to necessary consents).
The property has been primarily used as retail and office space by the current tenants and comprises of;
On the ground floor: a front retail/office area (with one additional private office, kitchenette and stairs to the first floor) beyond which, the modern rear extension provides a large open office suitable for retail or offices use, with a small store room at the rear and a further store below which is accessed via the rear service lane.
On the first floor: the front of the building is arranged as one large office with one additional private office and a store room (or additional office space), with WC facilities adjacent and a further large open plan office area to the rear, which has been sub-divided in part to form three private offices (one with river views, toilet and large balcony), a kitchenette and a large board room/meeting room.
AUCTIONEERS NOTE
The mid-terrace two-storey building has a 15 year full repairing and insuring lease in place from 1st October 2010 at a passing rent of £44,000 per annum to Bloom Hearing Services. We believe the tenants will look to relinquish this early and ask any prospective purchaser to carry out their own due diligence in regards to this.
ACCOMMODATION
Lower ground floor stores 8.29 sq. m 90 sq. ft
Ground floor sales area front - 67.40 sq. m 725 sq. ft
Ground floor rear sales office 83.97 sq. m 904 sq. ft
Ground floor rear store 8.29 sq. m 90 sq. ft
Ground floor ITZA 64.1 sq. m 690 sq. ft
First floor front offices 59.37 sq. m 639 sq. ft
Rear offices 92.85 sq. m 1,000 sq. ft
VIEWINGS
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.
FULL DETAILS
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
NOTICE TO BIDDER
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Tenure: Freehold
EPC Rating: C51
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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- Unconditional (Immediate Exchange)
Call the team on 01752 474200 for more information
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