*Guide | £170,000+ (plus fees)
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Mid Terrace Building Arranged to Provide a Ground Floor Retail Unit Let to Betfred Producing £15,000 Per Annum and Two Flats On the First and Second Floors (Both Sold off on Long Leases)
The property comprises a mid terrace building arranged to provide a ground floor retail unit and two flats on the first and second floors.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Aldi and Pizza Hut. The open spaces of Greville Smyth Park are within easy reach. Transport links are provided by Bedminster rail station.
Accommodation
Ground Floor Retail Unit G.I.A approximately 946 sq ft First and Second Floors Two Flats (Not Inspected)
Tenancy
The property is subject to 15 year lease to Done Brothers (Cash Betting) Limited t/a Betfred commencing 29th September 2004 at a rent of £15,000 per annum. We are advised by the Vendor that the property has an ERV of £20,000 per annum
The first floor flat is sold off on a 189 year lease from January 1st 2006 thus approximately 171 years remaining. The second floor flat is sold off on a 99 year lease from 1st January 2006 thus approximately 79 years remaining.
Energy Efficiency Rating (EPC)
Current Rating B
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
