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ONLINE AUCTION from 3rd OCTOBER-5th OCTOBER
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.
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