Lot 37: FREEHOLD COMMERCIAL AND RESIDENTIAL INVESTMENT

Sold £287,000

A three storey building divided to provide a ground floor commercial unit, for many years trading as a fish and chip shop together with a self-contained two storey maisonette above.

The property is situated in a busy local shopping parade surrounding the local residential areas.

Auctioneer’s Note

It is understood the maisonette on the first and second floor has been sublet for many years preceding the existing commercial lease to Statutory Protected Tenants.

Fish & Chip Shop

Ground Floor

Customer area to front with serving counter, kitchen and W.C.

Outside

Rear preparation room and garden.

Maisonette

Separate rear access to

First and Second Floors

Living room, kitchen, two bedrooms and bathroom with W.C.

Tenancy

The entire building is let on a commercial lease for a term of 20 years from 24th June 2003 at a current rental of £16,000 per annum, last reviewed on 7th October 2019.

Residential EPC: F
Commercial EPC: C