Lot 13

FREEHOLD COMMERCIAL INVESTMENT

47-49 Meneage Street, Helston, Cornwall, TR13 8RB
47-49 Meneage Street, Helston, Cornwall, TR13 8RB
Sold £103,000

Currently let at £6,500 per annum

This charming terraced property is situated within the popular market town of Helston along one of its main retail thoroughfares. Originally two cottages the property, which requires some improvement works, currently offers commercial space over two floors with living accommodation at first floor level.

Considered suitable for continued use as a letting investment. Interested applicants may wish to consider future potential for sub-division to provide a commercial unit with self-contained flat above, subject to all necessary consents being obtainable.

Ground Floor

Former counter/servery area, restaurant seating area and kitchen.

First Floor

Living room, two bedrooms, store room and shower room with W.C.

Lower Ground Floor Level

Cloakroom with W.C. and two further rooms.

Outside

Courtyard to rear with two store buildings.

Tenancy

Let on a 30 year commercial lease, from 15th February 2007, at a current rental of £6,500 per annum with no break clauses and rent reviews every 5 years. The existing tenant has no history of arrears.

Local Planning Authority

Cornwall Council. Tel: 0300 1234 151. Website: cornwall.gov.uk.

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/