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ONLINE AUCTION from 7th NOVEMBER-9th NOVEMBER
A substantial corner freehold building comprising a recently refurbished ground floor convenience store and two-bedroom flat let to tenant who is keen to remain in situ. The shop is sold with the new fixtures and fittings including fridge and chillers and shelving (see full list below).
The property is situated in a well established residential location and the convenience store has been trading for approximately 4 months and we are informed that weekly sales have been between £5,000 - £6,000 (not inc pay point sales) and has alcohol licence. Please refer to legal pack for confirmation of weekly income.
The shop and flat both benefit from UPVC double glazing and gas central heating (not tested).
Shop (GF) Entrance, retail sales area, rear kitchen and storage space, w/c
First Floor: Entrance stairs to FF (ground floor), landing, lounge, 2 bedrooms, bathroom
Outside: Rear yard via electric shutter door
Fixtures and fittings to be included with shop;
|Fridges and Freezers|
|One Remote Chiller||Door 3m (3050mm 10ft 38inch|
|One Remote Chiller||Door 5m (5000mm 16ft 5inch)|
|One Upright Three Glass Door Freezer||2metres|
|One Ice Cream Freezer Wall's Vista 12 Led||W1000mm X D650mm X H880mm|
|Shop Shelving Units|
|One 7 Metres of Gondola Shelving Units||210cm x base 37cm x top 30cm – double side|
|One Wall Shelf||7 meters- 2.30m base 370mm top shelves 370mm|
|One Wall Shelf||8 meters -2.30m base 370mm top shelves 370mm|
|One Bakery Display||H2100mm X W1000mm|
|One Counter||3m - 3000mm (10ft 38inch)|
|One Cigarette Display Unit||W1000mm X H1300mm|
|One EPOS Till System including Scanner|
|CCTV system with 13 cameras and two monitors|
Shop/convenience store sold with vacant possession
The shop is sold with fixtures & fittings and the stock costs will be added to the eventual sale price (refer to legal pack)
Flat is Let at £600 pcm from April 2023 (£7,200 p/a)
Investors: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email email@example.com for invaluable advice.
Advised Freehold - to be verified by solicitor
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.
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