Shop for sale
Features and description
- Commercial investment
- Let shop producing £5,000 pa plus VAT
- Guide price - £50,000 to £60,000 VAT
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00 am, Wednesday 25th March 2026
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25TH MARCH 2026 AT 10:00AM. TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Commercial investment comprising a let shop producing £5,000 pa
This end terrace single storey shop with flat roof extends to around 32 sq/m. It is currently let on a seven year lease dated 6th March 2025 at £5,000 plus VAT per annum. The rent is paid on the first day of each month and the unit trades as Boundary Corner Shop.
The property is located in a busy parade of shops around two miles north of the city centre.
According to the valuation office website the shop has a rateable value of £5,400 with effect from 1st April 2026.
An ideal purchase for an investor looking for a high yielding commercial investment.
Description Ground floor: shop, staff room, internal storage, staff toilets
VAT Please note that VAT is applicable to this lot.
Viewing Tenanted shop - any time during opening hours.
Note Please could all interested parties register their interest with the Auctioneer in order that they may be kept up to date with any developments.
Tenure: Freehold
EPC Rating: E
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £960 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.
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