Lot 25 Commercial Investment With ParkingAuction Date:
9th February 2022
12 Commercial Street, Camborne, Cornwall, TR14 8JY
Currently let at £14,000 per annum
A well proportioned freehold commercial unit situated adjacent to Boots Pharmacy within Camborne town centre and currently trading as a well established estate agents.
It is considered the property may offer future potential for extension or part conversion to create multiple residential units, subject to all necessary consents being obtainable.
Ground Floor
Principal sales area, staff kitchenette, office, store and two cloakrooms with W.C.
First Floor
Split level landing, four offices, staff kitchen and store room.
Outside
Area to rear providing off road parking for multiple vehicles.
Tenancy
Holding over under the terms of a 10-year fully repairing and insuring commercial lease, from 24th June 2006, at a rental of £14,000 per annum.
Local Planning Authority
Cornwall Council. Tel: 0300 1234 151. Website: cornwall.gov.uk.
Auctioneer's Note
Floor plans for the property will be available for inspection in the legal pack.
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
