Property Summary
COMMERCIAL UNIT & TWO ONE BEDROOM APARTMENTS | INVESTMENT OPPORTUNITY | IMMEDIATE INCOME | SOUGHT AFTER LOCATION
Commercial & Residential Investment Opportunity – For Sale by Auction with I AM SOLD
An excellent mixed-use investment opportunity offered for sale by auction.
The property comprises a ground-floor commercial retail unit together with two self-contained one-bedroom apartments above. All units are currently tenanted, providing an immediate income stream for an investor.
The commercial shop benefits from street frontage and established trading presence, while the residential apartments are well-proportioned one-bedroom units, each with independent access.
This is a strong investment opportunity suited to investors seeking a mixed-use property with existing tenants in place.
Tenancy Information;
All units are let. Interested parties are advised to contact the selling agent for full details of the tenancy agreements, rental income, and lease terms.
For further information or to arrange enquiries regarding tenancy details, please contact us.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.