1 Andrew Street, Hartlepool Auction Guide Price £80,000

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1 Andrew Street, Hartlepool Auction Guide Price £80,000

 

Exchanged

1 Andrew Street, Hartlepool

 

 

Property for sale. Part income producing investment on main road. Floor area 395 sq.m. (4,251 sq.ft.). Excellent investment opportunity.
Property over two floors (ground and first). Rental income of £10,200 per annum (ground floor tenant). Busy main road location. Vacant first floor unit. 12.75 % yield on guide price. Lease in place (with tenant) until 2026. Potential to increase rental income.
Auction Guide Price £80,000+
Ref G783

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £500+vat (total £600) Auction Administration Fee.
For Sale by Auction. Terms and Conditions apply, see www.agentspropertyauction.com.
Auction Date Wednesday 12th December 2018. Auction Gosforth Marriott Hotel. Registration from 6.30pm

 


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  • Area: 1 Andrew Street Hartlepool Hartlepool Durham TS24 7LB Hartlepool 
  • Price Range: £80,000 
  • Branch: Cleveland 
  • Type: Commercial 
  • Commercial Property: Commercial Sales 
  • Type of Property: Investment 
  • Business Type: Investment 
  • main_advert: Property for sale. Part income producing investment on main road. Floor area 395 sq.m. (4,251 sq.ft.). Excellent investment opportunity.

    Property over two floors (ground and first). Rental income of £10,200 per annum (ground floor tenant). Busy main road location. Vacant first floor unit. 12.75 % yield on guide price. Lease in place (with tenant) until 2026. Potential to increase rental income.

    Auction Guide Price £80,000+

    Ref G783



    Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £500+vat (total £600) Auction Administration Fee.

    For Sale by Auction. Terms and Conditions apply, see www.agentspropertyauction.com.

    Auction Date Wednesday 12th December 2018. Auction Gosforth Marriott Hotel. Registration from 6.30pm