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0 bed property

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For Sale

Listed May 19, 2024

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£55,000

Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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020 7625 9007

By Auction House London

Description

" Guide Price = £55,000+ **For Sale By Public Auction 22nd May 2024 10:00 AM To inspect the legal documents for this property go to our website www.auctionhouselondon.co.uk to download the legal pack** A Commercial Investment Comprising a Ground Floor Retail Shop Subject to a Lease Producing £7,280 Per Annum Tenure Long Leasehold. The property is held on a 999 year lease from 1st January 2016 (thus approximately 991 years unexpired) at a peppercorn ground rent. Location The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Tesco, B&M Store, Aldi and local retailers. The open spaces of West Park Long Eaton are within easy reach. Transport links are provided by Long Eaton rail station. Description The property comprises a ground floor retail shop situated within a mid terrace building arranged over ground and first floors. Accommodation Ground Floor Cafe Kitchen WC G.I.A Approximately 66 sq m (710 sq ft) Tenancy The property is subject to an FRI lease for a term of 6 years and 11 months commencing 20th December 2023 at a rent of £7,280 per annum. 2026 upward only rent review. Personal guarantor. Note The property has not been inspected by Auction House London. All information including the internal photos have been supplied by the vendor. VAT VAT is applicable For viewing requests, please contact Georgia at georgia@auctionhouselondon.co.uk "