Lot 122: COMMERCIAL INVESTMENT PROPERTY PLUS CAR PARK

Sold £130,000

An investment opportunity to acquire a long leasehold ground floor retail unit forming part of this large detached mixed residential property, located in a favoured residential area.

Accommodation

Retail areas, kitchen, staff toilets and storage room.

Outside

Located to the west of the building is a sizeable car park.

Tenancy

Let on a twenty year lease from January 2008 at a current rental of £12,000 per annum, subject to reviews in January 2018 and January 2023.

Tenure

To be sold by way of the terms of a lease expiring on 15th August 2115. Please refer to the legal pack.

Auctioneer’s Note 1

At the time of publication the Auctioneers have been unable to internally inspect the property. These details have been provided by the Seller and interested applicants should rely on their own investigations to verify the information provided.

Auctioneer’s Note 2

For information relating to the rateable value and other available data go to www.tax.service.gov.uk/view-my-valuation/search and enter the postcode for the property into the appropriate search field.

Commercial EPC: C