Consisting ground floor unit tenanted by Barclays bank. Two first floor office suits (smaller one tenanted). Second floor spacious two bedroom flat (vacant) and vacant workshop
Current rental income £19500 per annum
Potential rental income fully occupied £31000 per annum
Current yield 7.5 % potentially rising to 11.9 % when fully occupied
Mixed use investment. Substantial three storey period property. Consisting ground floor tenanted by Barclays bank, Two first floor office suits (smaller one tenanted), Second floor spacious two bedroom flat (vacant) and vacant workshop. Current rental income £19,500 per annum. Potential rental income fully occupied £31,000 per annum. Current yield 7.5 % potentially rising to 11.9 % when fully occupied. Prime town centre location.
Auction Guide Price £260,000 +
For Sale by Auction. Terms and Conditions apply, see www.agentspropertyauction.com.
Live Online Auction Thursday 28th October 2021.
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 seller’s 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 £1000+VAT (total £1200) Auction Administration Fee. Joint Agents: The Agents Property Auction Ltd.