Property Auctions - Isle of Angelsey

Auction date: Thu, 07/07/2016 - 12:00

Freehold Bank Investment with Residential Development Consent on Upper Parts. Bank let until 2027 (no breaks). Rent: £6,900 per Annum Exclusive. Rent reviewed to the higher of Open Market Rental Value or a fixed rental increase of 3.75% in 2021. Vacant possession of upper parts with consent to convert to 4 x one and two bedroom flats plus planning consent for an additional 6 x two bedroom flats. Ideal for investors and developers.

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Detached bungalow with tenants in situ in need of some updating. The tenants are currently paying £610.00 per calendar month which is now on a rolling contract basis

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Freehold Bank Investment with Vacant Upper Parts. Rent: £6,900 per Annum Exclusive. Part let until 2027 (no breaks). Rent reviewed to the higher of Open Market Rental Value or a fixed rental increase of 3.75% in 2021. Vacant possession of upper parts with change of use potential to residential (subject to consents). Historic and attractive coastal town. VAT-free investment.