No longer on the market
This property is no longer on the market
MapRetail property (high street)
Auction
Sold STC
Retail property (high street)
Features and description
- Advised Leasehold - to be verified by solicitor
FOR SALE BY AUCTION - -Lot 43 - Retail Unit with Tenant in Situ
ONLINE AUCTION from 12th DECEMBER-14th DECEMBER
A ground floor retail unit with basement. Currently tenanted by local artist Kathryn Moore who has been in situ for approximately 4.5 years. The property is achieving a rental income of £200 per month and has recently had a tenancy renewal for a further three years.
Location
Situated in the traditional market town of Kington on the border between Wales and England this property is ideally located at the midpoint of the Offa's Dyke National Trail. Due to its quaint nature, the area is a popular holiday and day trip destination.
The town currently has a population in the region of 3,300 and offers an array of facilities with a modern medical centre, large primary and secondary school, choice of shops, supermarket, leisure facilities and much more. The site also lies close to two main arterial routes, the A4111 to Hereford and A44 to Leominster and mid-Wales.
Services
The property benefits from electric and water (not tested).
VAT
We have been advised that no VAT is due on the sale of this property.
AccommodationFloorArea Sq FtArea Sq MGround Floor351.5432.66Lower Ground Floor/Basement351.5432.66
Tenure:
Advised Leasehold - to be verified by solicitor
ONLINE AUCTION from 12th DECEMBER-14th DECEMBER
A ground floor retail unit with basement. Currently tenanted by local artist Kathryn Moore who has been in situ for approximately 4.5 years. The property is achieving a rental income of £200 per month and has recently had a tenancy renewal for a further three years.
Location
Situated in the traditional market town of Kington on the border between Wales and England this property is ideally located at the midpoint of the Offa's Dyke National Trail. Due to its quaint nature, the area is a popular holiday and day trip destination.
The town currently has a population in the region of 3,300 and offers an array of facilities with a modern medical centre, large primary and secondary school, choice of shops, supermarket, leisure facilities and much more. The site also lies close to two main arterial routes, the A4111 to Hereford and A44 to Leominster and mid-Wales.
Services
The property benefits from electric and water (not tested).
VAT
We have been advised that no VAT is due on the sale of this property.
AccommodationFloorArea Sq FtArea Sq MGround Floor351.5432.66Lower Ground Floor/Basement351.5432.66
Tenure:
Advised Leasehold - to be verified by solicitor
About this agent
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.