Important Notice - Coronavirus (COVID-19)
  • For Sale By Unconditional Online Auction
  • Guide Price* : £130,000
  • Bidding Opens 26/05/2020 12:00

127 Abbey Street, Nuneaton, Warwickshire, CV11 5BZ

**ONLINE AUCTION**

To be sold via unconditional ONLINE Auction on Thursday 28th May 2020
(visit auctionhouse.co.uk/online).

BIDDING OPENS: 12:00 on Tuesday 26th May 2020
AUCTION ENDS: 12:00 on Thursday 28th May 2020

GUIDE PRICE: £130,000


Description

Unique opportunity, tenanted commercial freehold investment in the heart of the town centre. Current rent payable £11,000 p. a. Total accommodation approximately 1,668 sq. ft.


LOCATION

This property is located within the pedestrianised area of Abbey Street, surrounded by retail units and eateries.


ACCOMMODATION

GROUND FLOOR
Approximately 753 sq. ft.
FIRST FLOOR
Approximately 915 sq. ft.


EPC RATING - D

PLANNING

For planning enquiries and further information please contact:
Tel: 024 7637 6376
Email: customer.services@nuneatonandbedworth.gov.uk
Web: www.nuneatonandbedworth.gov.uk


TENURE

Freehold subject to tenancy.


TENANCY

Term: 5 years from 6th February 2017
Rent payable: £11,000 p.a.
ADDITIONAL COSTS

Please see the legal pack for any further costs

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

The auction has not yet started
Minimum Opening Bid

£130,000


Bidding Opens On
26th May 2020 12:00
End Date

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* Guide | £130,000
  • Retail Property (high street)
  • Unconditional (Immediate Exchange)

Call the team on 024 7652 7789 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.