Lot 17 Freehold Mixed Commercial And Residential PropertyAuction Date:
14th December 2022
7 Meneage Street, Helston, Cornwall, TR13 8AA
Currently let at £6,480 per annum - plus vacant flat
A character three storey building situated in a prime trading location in the heart of Helston. The property comprises a let ground floor commercial premises, trading as Vapes Direct, with a vacant separately accessed and good sized maisonette above, requiring updating throughout.
[Ground Floor †Commercial]
Good size retail floor space with two storage areas, office, kitchen and two W.Cs to the rear.
Tenancy
Let for a term of five years from 1st October 2020 at a current rental of £6,480 per annum.
Maisonette
Access is gained via the side with external steps leading to the first floor.
First Floor
Hallway, bedroom, kitchen and living room.
Second Floor
Bedroom and bathroom with W.C.
Tenancy
Vacant.
Council Tax Band A
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.
Auctioneer’s Note 2
The Seller has been advised of an Estimated Rental Value of £725 per calendar month post works for the flat.
Freehold with Part Vacant Possession
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
