MapRetail property (high street)
Auction
Retail property (high street)
Features and description
- Tenure: Freehold
Withdrawn Prior.Guide Price = £65,000+
*For Sale By Online PublicAuction 16th October 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Ground Floor Retail Unit Fully Let Producing £9.500 Per Annum (Reflecting a Gross Initial Yield of 14.6%)
Tenure
Leasehold. The property will be held on a 999 year lease from completion.
Location
The property is situated within a shopping centre close to local shops and amenities. The open spaces of Hills & Hollows are within easy reach. Transport links are provided by Grantham rail station.
Description
The property comprises a ground floor retail unit situated within a shopping centre arranged over ground and first floors.
Accommodation
Unit 9
Retail Unit
G.I.A. Approximately 1,137 sq ft
Accommodation
Tenancy
Unit 9 is subject to a lease to Mr Ousman Secka t/a Klug Cosmetics for a term of three years commencing 24th October 2022 at a rent of £9,500 per annum.
Note
EPC Rating
D
VAT
VAT is applicable
Open To View During Normal Business Hours
*For Sale By Online PublicAuction 16th October 2024 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Ground Floor Retail Unit Fully Let Producing £9.500 Per Annum (Reflecting a Gross Initial Yield of 14.6%)
Tenure
Leasehold. The property will be held on a 999 year lease from completion.
Location
The property is situated within a shopping centre close to local shops and amenities. The open spaces of Hills & Hollows are within easy reach. Transport links are provided by Grantham rail station.
Description
The property comprises a ground floor retail unit situated within a shopping centre arranged over ground and first floors.
Accommodation
Unit 9
Retail Unit
G.I.A. Approximately 1,137 sq ft
Accommodation
Tenancy
Unit 9 is subject to a lease to Mr Ousman Secka t/a Klug Cosmetics for a term of three years commencing 24th October 2022 at a rent of £9,500 per annum.
Note
EPC Rating
D
VAT
VAT is applicable
Open To View During Normal Business Hours
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.