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Guide price
£260,000

Property for sale

East Street, St. Ives, PE27
Auction
Property
2 beds
Reduced yesterday

Features and description

  • Ground Floor Commercial Property
  • Sold by Modern Auction (T&Cs apply)
  • Subject to Reserve Price
  • Buyer Fees Apply
  • Modern Method of Auction
  • Two Bedroom Flat On First Floor
  • Retail area of 664 Square feet
  • Commercial tenant in Contract until 2029

Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.

# COMMERCIAL PROPERTY # This Victorian end of terrace property is located within the town centre of the busy market town of St Ives. The property itself comprises of a retail unit on the ground floor of 664 sq ft currently leased until 2029, it also features a store room, kitchen area and cloakroom. The first floor is a self-contained, two bedroom apartment comprising of two double bedrooms, a living room, dining area, kitchen and bathroom. To the rear there is also enclosed garden area which is rare in the middle of the town. This is a freehold commercial property with a good annual yield, please call the office for more details. To arrange a viewing on this property please either [use Contact Agent Button] or [use Contact Agent Button].


GROUND FLOOR


COMMERCIAL SHOP UNIT

25' 03" x 16' 3"


STORE

15' 4" x 9' 11"


KITCHEN

11' 2 x 5' 2"


CLOAKROOM


EXTERNAL STAIRS TO FIRST FLOOR ACCESSED TO THE REAR


FIRST FLOOR


KITCHEN

9' 10' x 9' 05"


DINING AREA

12' 2" x 5' 10"


LIVING ROOM

13' 4" x 11' 11


BEDROOM ONE

12' 3" x 11' 00"


BEDROOM TWO

12' 2" x 9' 0"


BATHROOM

9' 10" x 9' 05"


OUTSIDE

The property fronts the road on East Street with the door to the retail/comercial unit and a gate giving access to the side of the property, this gives rear access to the retail unit, the apartment and the rear garden. The garden is enclosed and laid mainly to lawn with a storage outbuilding. There is a gate to the rear of the property which is accessed via St Johns Road.


AGENTS NOTES

The vendor informs us that the shop is currently leased as a dog groomers, this lease finishes end of June 2029 with a rent review in 2027. The apartment is rented privately by the landlord. Please call for more details regarding the rental incomes for the shop and apartment.


The Property is Freehold.


Auctioneer Comments:

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’

personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non- Refundable Reservation Fee of 4.5% of the purchase price including VAT,

subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to

the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc VAT. These services are optional.


NOTE TO PURCHASERS

THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER WELLINGTONWISE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.


Area statistics

Crime score
Moderate crime
4/10

About this agent

WellingtonWise - St Ives
WellingtonWise - St Ives
10 The Pavement St.Ives PE27 5AD
01480 576815
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