**ONLINE AUCTION**
To be sold via unconditional ONLINE Auction on Thursday 10th December 2020
(visit auctionhouse.co.uk/online).
BIDDING OPENS: 12:00 on Tuesday 8th December 2020
AUCTION ENDS: 12:00 on Thursday 10th December 2020
GUIDE PRICE: £180,000
Description
Mixed residential and commercial investment opportunity, in a prominent main road position, just off Ball Hill. The premises comprises of a retail unit with access to a 2 storey residential premises with 4 bedrooms. Ideal investment opportunity.
The current tenant is not trading from the retail unit.
ACCOMMODATION
SHOP
27 ft 6 in x 12 ft 11 in
RESIDENTIAL
FIRST FLOOR
Lounge: 13 ft 5 in x 14 ft 2 in
Store: 14 ft x 12 ft 5 in
Former kitchen: 10 ft 1 in x 9 ft 3 in
Shower room and W.C.
SECOND FLOOR
Bedroom 1: 10 ft 1 in x 9 ft 4 in
Bathroom:
Bedroom 2: 10 ft 3 in x 10 ft 10 in
Bedroom 3: 15 ft 10 in x 6 ft 9 in
Bedroom 4: 12 ft 5 in x 7 ft 3 in
OUTSIDE
Rear:
Outside store, yard, rear access.
EPC RATING
Commercial - EPC Rating: C
Residential - EPC Rating: E
TENURE
Freehold subject to lease agreement.
LEASE INFORMATION
Term: 9 years from 17th March 2011 (now Holding over)
Rent payable: £17,400 p.a.
The current tenant is not trading from the retail unit.
ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
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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- Mixed Use
- 4 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 024 7652 7789 for more information
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