Property Auctions - commercial investment property

Auction date: Thu, 14/12/2023 - 18:00

A fully let commercial investment property comprising two ground floor shops. One shop is let to a local occupier at £6,500pa and the other is let on a new 5 year term at £11,000pa. The property is therefore let producing a total gross annual rent of £17,500pa, although the auctioneers consider this a conservative rent.

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Ground Floor shop let on a full repairing and insuring lease for a term of 5 years from 29th September 2012 at a current rent of £11,000 per annum

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A Ground Floor Shop forming part of a brick built terraced parade of 8 shops. The property is let on a full repairing and insuring leaseat a current rent of £7,000 per annum exclusive

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Ground Floor Shop with internal access to Workshop, Offices and Staffroom at first floor level. The entire property is let on a full repairing and insuring lease for a term of 10 years from 19th October 2009 at a current rent of £25,000 per annum exclusive

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A terraced property comprising a Ground Floor Shop with internal access to Ancillary Accommodation at first floor level let on a full repairing lease for a term of 10 years from 11th August 2011 at a current rent of £25,000 per annum exclusive

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Commercial property let on a full repairing and insuring lease for a term of 10 years from 1st August 2005 at a current rent of £18,000 per annum exclusive

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Ground floor retail accommodation with storage on the first and second floors. The property is subject to a FRI lease at a rental of £7,000 pa, however we have been verbally informed by the vendor that the tenant is not currently trading.

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Ground Floor Shop with separate side access to a Self-Contained Flat which is sold on leaseand yard to rear, giving a return on £12,525 per annum

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Part let three storey commercial property comprisinv vacant ground floor retail with upper floor office accommodation producing £16,000 PAX

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A Freehold Commercial Investment Property with Vacant Residential Over Current Gross Income: £8,400 per annum.