Mixed use for sale

MIXED RETAIL AND COMMERCIAL PROPERTY

A fantastic mixed commercial and residential investment property briefly comprising a ground floor cafe/childrens play space/gaming zone retail premises with flat to rear and a further three flats at first floor level. This deceptively large, extended, two storey, mid-terrace, property represents a great example of a well-run lettings vehicle and as such will appeal to a multitude of investor landlords on the lookout for a high-yielding rent machine.

COMMERCIAL

Ground floor: Cafe/childrens play space, leading to gaming zone, cloakroom/WC's.

RESIDENTIAL

Ground floor (to rear)

FLAT 4: Hall, bed/living room, kitchen, shower room/WC.

First floor

FLAT 1: Reception hall, kitchen, living room, bathroom/WC (stairs leading to SECOND FLOOR), two bedrooms.

FLAT 2: Hallway with utility cupboard, kitchen/living room, bedroom with en-suite shower room/WC.

FLAT 3: Hallway, kitchen, living room ,bedroom with en-suite shower room, cloakroom/WC.

Freehold subject to tenancies.

COMMERCIAL

Tenant holding over from an original lease dated from 8th November 2019 to 7th November 2020. The currents rents reserved are £625 per calendar month. Please refer to legal pack for security of tenure clause information.

RESIDENTIAL

FLAT 1: Let on assured shorthold tenancy agreement dated from 27th March 2018 with current rents reserved of £775 per calendar month.

FLAT 2: Let on assured shorthold tenancy agreement dated from 2nd September 2025 with current rents reserved of £725 per calendar month.

FLAT 3: Let on assured shorthold tenancy agreement dated from 14th February 2024 with current rents reserved of £825 per calendar month.

FLAT 4: Let on assured shorthold tenancy agreement dated from 1st November 2024 with current rents reserved of £600 per calendar month.

Commercial rating: B.

Residential ratings: Flat 1: D; Flat 2: D; Flat 3: C; Flat 4: D.

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Broadband: Ultrafast available

Mobile: Likely inside. Likely outside.

Source: ofcom.org.uk

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All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.

Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide. Please check our website regularly at or contact us on[use Contact Agent Button] for up to date information. Following the fall of the hammer contracts are exchanged and there is no going back!

†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.

Pricing information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and 247 Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Buyers fees: Our standard fees applicable to a buyer are currently £3,000 plus VAT on a successful purchase. Other fees payable may be applicable that have been included by the selling solicitor for a Lot so prospective bidders must investigate the auction legal pack for the Lot prior to bidding.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.

These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail. 247 Property Auctions Ltd are members of the Property Ombudsmans Redress Scheme.