Mixed Use Investment Hampshire PO16 £420-£450,000 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

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Auction date: Wed, 05/05/2021 - 10:00

The ground floor commercial unit, which is trading as a hair salon, is let under the terms of a 10 year commercial lease, while the two flats on the first and second floors have previously both been let under the terms of Assured Shorthold Tenancy Agreements. With the impending sale in mind the seller did not seek a new tenant for the second floor flat when it was recently vacated. The first floor flat is at present let and occupied, but will, we are advised, be vacant on completion. We are advised that the flats were let at £650 and £800 per calendar month respectively.

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