Lot 38 Freehold Dual Component Commercial Investment OpportunityAuction Date:
24th July 2024
3 Alma Place And 3 Market Strand, Redruth, Cornwall, TR15 2AT
Currently let at £8,400 per annum
Fronting Alma Place and Market Strand are these two freehold commercial units within close proximity of the main high street and retailers, both are let and would make a great investment for those looking to start or add to their portfolio.
3 Alma Place
Ground Floor
Retail area, steps up to kitchenette, further office/retail area and W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £4,800 per annum.
3 Market Strand
Ground Floor
Salon, storeroom and W.C. (the property can be accessed by both Fore Street and Alma Place).
Tenancy
Holding over on an Assured Shorthold Tenancy at a current rental of £3,600 per annum.
Auctioneer’s Note
Please note the video provided on the Clive Emson website and the internal photographs were taken prior to occupation of 3 Alma Place.
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
