Lot 13

COMMERCIAL INVESTMENT

Cellers Wine Merchant, 13-15 Warley Hill, Warley, Brentwood, Essex, CM14 5HR
Cellers Wine Merchant, 13-15 Warley Hill, Warley, Brentwood, Essex, CM14 5HR
Sold £180,000

Currently let at £14,000 per annum

This prominent corner shop retail investment unit is currently let and is trading as an off-licence. Situated at the junction of Warley Hill Road and Crescent Road it is only meters away from the entrance to Brentwood station which offers a regular service to London (Liverpool street) and is one of the stations on the new Elizabeth Line, part of the Crossrail project which is set to open in 2019.

The property has other business nearby including a Pizza Hut and range of independent retailers making this a busy area and is only a walk away from Brentwood High Street.

Ground Floor

Retail unit, rear store room and W.C.

Basement

Storage area.

Tenancy

Let on a commercial lease for a term of 10 years from May 2010 at a current rental of £14,000 per annum.

Tenure

A new 999 year lease will be granted on sale. Full details can be found in the legal paperwork which is available to download from the Clive Emson website or inspection at the Auctioneer's Office.

Viewing

Strictly by prior confirmed appointment with the Auctioneer's Office. Interested applicants are requested not to contact the tenant directly.

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/