Lot 103 Commercial Investment - Freehold Retail/shop Unit In High Street LocationAuction Date:
15th June 2023
75 High Street, Maldon, Essex, CM9 5EP
Currently let at £7,250 per annum
Situated in the Essex coastal town of Maldon, situated on the river Blackwater. This commercial premises sits in a busy high street, position leading down to the Hythe Quay and Promenade Park. Maldon is situated approximately 10 miles to the east of Chelmsford on the A414.
The property offers accommodation over two levels and has a yard to the rear.
Ground Floor
Entrance into main showroom/sales area, waiting room, back office/staff area, cloak room with W.C.
First Floor
Landing/storage area and examination room/testing room.
Outside
To the rear there is a yard and two storage cupboards.
Tenancy
Holding over under the terms of a 10-year commercial lease from 24th June 2011 to 23rd June 2021, at a current rental of £7,250 per annum.
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
