Lot 56

FREEHOLD TOWN CENTRE COMMERCIAL INVESTMENT

48A Middle Street, Yeovil, Somerset, BA20 1LX
48A Middle Street, Yeovil, Somerset, BA20 1LX
Sold £115,000

Currently let at £15,000 per annum

Situated in Yeovil town centre in proximity to large retailers such as Specsavers, Waterstones and Boots, is this mid-terrace commercial property arranged over two floors. The ground floor is currently used as a barber shop with the first floor having a large ancillary space. The property is likely to be of interest to investment buyers looking to start or add to their property portfolio.

Ground Floor

Glazed frontage with door to reception area and salon and inner lobby with ladies and gents cloakroom W.C.s.

First Floor

Landing, hallway and open ancillary space with kitchen area.

Outside

Rear courtyard.

Tenancy

Let on a five-year lease from 1st November 2020 to 31st October 2025 at a current rental of £15,000 per annum.

Auctioneer’s Note

For information relating to the rateables value and other available data go to www.gov.uk/correct-your-business-rates and enter the postcode into the appropriate search field.

Viewing

No internal inspections are available. Prospective bidders are requested not to contact the tenants direct.

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/