Lot 41 - LARGE CORNER PROPERTY ARRANGED AS FOUR LETTING UNITS

Sold £320,000

Currently let at £5,820 per annum (plus three vacant units)

Situated in an established residential area, this large corner block has been converted to provide four letting units requiring improvement.

26 Mills Terrace

Ground Floor

Living room/kitchen, inner hall, bedroom and shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £485 per calendar month.

26A Mills Terrace

Ground Floor

Living/dining room, inner hallway, kitchen and bathroom with W.C.

First Floor

Landing and two bedrooms.

Tenancy

Vacant.

26B Mills Terrace

Ground Floor

Side entrance hall.

First Floor

Landing, living room, kitchen, two bedrooms and shower room with W.C.

Tenancy

Vacant.

27 Mills Terrace

Ground Floor

Entrance hall, living room, dining room, kitchen, rear hall and bathroom with W.C.

First Floor

Landing and three bedrooms.

Tenancy

Vacant.

Outside

Garden at rear. Garage fronting Sturla Road.

Freehold with Part Vacant Possession

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/