Property for sale
Property description & features
- Tenure: Freehold
- Commercial investment producing £8,600 pa
- Land and buildings on 0.06 acre site
- Guide price: £80,000 to £100,000
- For sale by online livestream auction
- Unless previously sold or withdawn prior
- 11:00am Wednesday, 11th December 2024
FOR SALE BY LIVESTREAM ONLINE AUCTION - 11:00AM, WEDNESDAY, 11th DECEMBER 2024 .
TO REGISTER FOR LEGAL PACK AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Commercial investment producing £8,600 pa
Land and buildings on 0.06 acre site
An area of land and buildings extending to around 0.06 of an acre stms. It is let to a long established motor engineer tenant who has been in occupation for around seven years at a rent of £500 pcm (£6,000 pa) for the main workshop unit A and £2,600 pa for the adjoining storage unit B.
The site comprises two adjoining buildings with ample off road parking at the front.
According to the Valuation Office website, the workshop and premises has an area of 147 sq/m and a rateable value of £7,100 with effect from the 1st April 2023.
Note Please would all interested parties register their interest with the Auctioneers in order that they may be kept up to date with any developments.
Unit A Measures around 41 ft x 30 ft = 1,230 sq/ft
Main workshop, kitchen, wc
Unit B Measures around 35 ft x 17 ft = 595 sq/ft
Storage
Tenure: Freehold
Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Places of interest
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