House For Sale £170,000
Summary
guide price £170,000 - to be sold as separate lots,
Freehold and Leashold Workshops/ Commercial Buildings,
Investment with potential,
To sell your property in our next auction call us now
Description
To be sold as separate lots
Freehold and Leashold Workshops/ Commercial Buildings
Investment with potential
Location:
This collection of commercial units is situated within Burnside Mews which leads off London Road which leads directly to Western Parade and coast. Home to a range of shops, restaurants and other outlets traders in this location benefit from not only a densely populated immediate catchment but also a volume of passing pedestrian trade and vehicular traffic. There are good transport links which include the A259 to the north whilst public transport services include local bus routes and located less than 0.5 mile to the north east.
Description:
Each of these lots provides the opportunity for a buyer to acquire one of these varying sized commercial units which are let with the exception of unit 6A. Purchasers should note that a number of the tenants have been in occupation for a good period of time and with some holding over that could provide potential for enhancing the current passing rents. The units could also hold potential for development with these details showing a more comprehensive development idea of the entire site. The lots are offered on an unconditional basis only and buyers are deemed to rely solely on their own enquiries in respect to development potential, permissions that may be required for this and potential enhanced rents that may be achievable on new lettings / lease renewals.
Lot 76 - 5 Burnside Mews - 2,400 sq.ft.
Tenant - Mr G Scantlebury t/a Scants Motor Services
Tenancy
10 years expiring 18.05.18 – holding over
Rent p.a. - £9,500
VAT:
VAT is not applicable to these lots
To view:
Barney Estate Agents: Important Notice:
For each Lot, a contract documentation fee of £1,250 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
guide price £170,000 - to be sold as separate lots,
Freehold and Leashold Workshops/ Commercial Buildings,
Investment with potential,
To sell your property in our next auction call us now
Description
To be sold as separate lots
Freehold and Leashold Workshops/ Commercial Buildings
Investment with potential
Location:
This collection of commercial units is situated within Burnside Mews which leads off London Road which leads directly to Western Parade and coast. Home to a range of shops, restaurants and other outlets traders in this location benefit from not only a densely populated immediate catchment but also a volume of passing pedestrian trade and vehicular traffic. There are good transport links which include the A259 to the north whilst public transport services include local bus routes and located less than 0.5 mile to the north east.
Description:
Each of these lots provides the opportunity for a buyer to acquire one of these varying sized commercial units which are let with the exception of unit 6A. Purchasers should note that a number of the tenants have been in occupation for a good period of time and with some holding over that could provide potential for enhancing the current passing rents. The units could also hold potential for development with these details showing a more comprehensive development idea of the entire site. The lots are offered on an unconditional basis only and buyers are deemed to rely solely on their own enquiries in respect to development potential, permissions that may be required for this and potential enhanced rents that may be achievable on new lettings / lease renewals.
Lot 76 - 5 Burnside Mews - 2,400 sq.ft.
Tenant - Mr G Scantlebury t/a Scants Motor Services
Tenancy
10 years expiring 18.05.18 – holding over
Rent p.a. - £9,500
VAT:
VAT is not applicable to these lots
To view:
Barney Estate Agents: Important Notice:
For each Lot, a contract documentation fee of £1,250 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
