No longer on the market
This property is no longer on the market
MapRetail property (high street)
Auction
Sold STC
EPC rating: B
Retail property (high street)
Features and description
Sold for £166,000.Guide Price = £70,000+
*For Sale By Online PublicAuction 26th June 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Commercial Investment Comprising of a Ground Floor Retail Unit and First and Second Floor Ancillary Space Subject to a Lease Producing £13,000 Per Annum
Tenure
Freehold
Location
The property is situated within a commercial parade close to local shops and amenities. Nearby multiples include Ladbrokes, River Island and Halifax. The open spaces of Sanford Park are within easy reach. Transport links are provided by Cheltenham Spa rail station.
Description
The property comprises a mid terrace building arranged to provide a ground floor retail unit and first and second floor ancillary space.
Accommodation
Ground Floor
Retail Unit
First Floor
Ancillary Space
Second Floor
Ancillary Space
Accommodation
Tenancy
The property is subject to a lease for a term of 5 years commencing 3rd June 2021 at a rent of £13,000 per annum. We understand that a similar sized shop on the same parade is let for £20,000 per annum therefore there may be potential to increase the rent.
Note
EPC Rating
B
Open for Viewings During Normal Business Hours
*For Sale By Online PublicAuction 26th June 2024 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Commercial Investment Comprising of a Ground Floor Retail Unit and First and Second Floor Ancillary Space Subject to a Lease Producing £13,000 Per Annum
Tenure
Freehold
Location
The property is situated within a commercial parade close to local shops and amenities. Nearby multiples include Ladbrokes, River Island and Halifax. The open spaces of Sanford Park are within easy reach. Transport links are provided by Cheltenham Spa rail station.
Description
The property comprises a mid terrace building arranged to provide a ground floor retail unit and first and second floor ancillary space.
Accommodation
Ground Floor
Retail Unit
First Floor
Ancillary Space
Second Floor
Ancillary Space
Accommodation
Tenancy
The property is subject to a lease for a term of 5 years commencing 3rd June 2021 at a rent of £13,000 per annum. We understand that a similar sized shop on the same parade is let for £20,000 per annum therefore there may be potential to increase the rent.
Note
EPC Rating
B
Open for Viewings During Normal Business Hours
About this agent
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.