Waiting for video...
ONLINE AUCTION from 29th AUGUST-31st AUGUST
A well presented ground floor retail unit with a one bedroom flat above. The ground floor briefly comprises of retail area, kitchen and wc. There is also access to a small courtyard to the rear.
The property was most recently let as a food establishment and was achieving a rental of £6,500 per annum.
There is a one bedroom flat located on the top floor which can be accessed via a door fronting Jacksons Lane. The flat is comprised over two floors, with a kitchen on the ground floor and bedroom, bathroom and lounge/diner to the first floor.
The flat is currently tenanted by a long term tenant who is paying a monthly rental of £346.66.
We have however been advised that the current market rental would be approx. £550 pcm.
Ground Floor: Retail area, kitchen, wc
Ground Floor Flat: Kitchen
First Floor: Bedroom, bathroom, lounge/diner
A
Tenant | Tenancy Type | Start Date / End Date | Tenancy Term | Rental Amount |
---|---|---|---|---|
Ground Floor Commercial Unit | Vacant | Vacant | Vacant | Vacant |
Tenant 1 Flat | Occupational Contract | Periodic | Periodic | £346.66 pcm |
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* 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.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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.