Tenanted Freehold Shop With Self Contained Flat – Producing £18,900 pa

Two/Three storey building briefly comprising a ground floor retail unit currently trading as barbers and residential 1 / 2 bed flat over ground, first and second floors, with separate access from the rear. Tenancies We have been informed as follows… Retail unit - let to barbers by way of a 15-year lease (with guarantor) from May 2024 at a rental of £11,100 per annum, the lease incorporates a rent review at year 5. Has been in occupation for c3 years. Flat - 12-month tenancy agreement in place for the residential flat at £650 pcm, which commenced in January 2024. The total rent per annum is £18,900 pa. Accommodation Not inspected by Auction House but understood to comprises, as follows Residential Flat: Ground Floor – kitchen and separate W.C. First Floor – dining kitchen and lounge/bedroom Second Floor – bedroom and bathroom Commercial: Barbers Shop with kitchen and separate W.C. Location Situated on the pedestrianized area of Warrington Town Centre, close to Cineworld, Times Square, Market Gate, Golden Square Shopping Centre together with the bus and rail stations. Tenure: Freehold Title number: LA293857 Length of Lease/Term: Ground Rent : £ Service Charge: £ Council Tax Band : A Local Authority: Warrington Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating GF - C / Flat - E

Local Authority

Warrington Borough Council

Solicitors

Lex Solicitors, Ref: Lex Solicitors

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 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.