Lot 7 Mixed Commerical And Residential InvestmentAuction Date:
22nd March 2023
74, 74A & 74B Trelowarren Street, Camborne, Cornwall, TR14 8AH
Currently let at £21,480 per annum
An opportunity to acquire a fully let investment comprising a freehold terrace building with a ground floor barber’s shop plus two independently accessed residential units located to the rear both providing generally well presented modern accommodation throughout.
The property is located in Camborne's main throughfare and would most likely appeal to those on the lookout for a mixed use investment to add to or start their portfolio.
Commercial
Ground Floor
Main retail area, W.C. and kitchenette
Tenancy
Let on a fully repairing and insuring lease, from 21st October 2014, at a current rental of £6,000 per annum.
Flat 74B
Ground Floor
Open plan L-shaped kitchen/living room, inner hall, shower room and bedroom.
Outside
Enclosed courtyard.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £7,140 per annum.
Council Tax Band A
Flat 74A (Maisonette) - Ground Floor
Entrance hall.
First Floor
Kitchen/breakfast room, bathroom, large hallway, two double bedrooms and living room.
Outside
Enclosed courtyard and one allocated parking space.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £8,340 per annum.
Council Tax Band A
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
