Commercial
FOR SALE BY AUCTION: FRIDAY 14TH FEBURARY 2014
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
DRAFT DETAILS ONLY
An excellent opportunity to acquire an excellent freehold investment property generating £12,700 per annum, located within this densely populated residential area on the outskirts of Crewe town centre. The ground floor retail unit is currently let on a six year lease expiring on 31st July 2018 at £8,800 per annum. This was a renewal of a previous 8 year lease. The first floor flat is currently let on an assured shorthold tenancy at £3,900 per annum.
Crewe lies approximately 12 miles north-west of Stoke on Trent and 25 miles south-east of Chester with good road access to the M6.
NOTE
No VAT is payable on the purchase of this property.
Vendors Solicitors/Licensed Conveyancers
DLH, Limestone Suite, Fern Court Business Centre, Castlegate, Clitheroe, Lancs BB7 1AZ
Tenure
Freehold. Subject to tenancies
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.
The sale of each lot is subject to a buyers fee of £500 (plus VAT) payable on the fall of the hammer.
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
FOR EPC’S AND LEGALS PLEASE SEE THE WEBSITE
SUPERB INVESTMENT PROPERTY
Current income £12,700 per annum
Popular residential location
VAT is not applicable
Energy Efficiency Rating: GF Unit - Awaited & FF Flat - G
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