Lot 96

RESIDENTIAL AND COMMERCIAL INVESTMENT OPPORTUNITY

58 Fore Street, Torpoint, Cornwall, PL11 2AB
58 Fore Street, Torpoint, Cornwall, PL11 2AB
Sold £141,000

On the instructions of the Receivers

A prominent town centre building comprising ground floor hot food takeaway premises with an independent two bedroom maisonette on the upper floors. Both components would benefit from improvement but the potential is clear to acquire a productive dual-faceted investment or somewhere to trade from and live, located on Torpoint’s main shopping thoroughfare.

Commercial

Ground Floor

Public area, servery and kitchen, inner hall, store passage, preparation room, office/staff room, rear lobby and freezer room.

Residential

Accessed from the rear via Harvey Street.

First Floor

Kitchen/breakfast room, sitting room and shower room.

Second Floor

Two bedrooms.

Outside

A communal courtyard to the rear off which lies the W.C. serving the commercial premises and from where a door leads to a short passage out to Harvey Street.

Auctioneer's Note

For information relating to the commercial element’s rateable value and other available data go to www.gov.uk/correct-your-business-rates and enter the postcode for the property into the appropriate search field.

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/