House For Sale £275,000
For sale by auction on Thursday, 15 Dec 2022 at 12:00
Venue: Live Stream
Detached Freehold Mixed Use Premises With Parking Generating a Gross Rental Income of £25,500PA
Situated on the crossroads of Tregonissey Road and Carclaze Road is this detached, freehold mixed use premises. A new 10 year lease has been signed as of the 14th November for a period of 10 years at a rent of £2,000PCM for the full building. In addition to the lease for the building there is an additional income stream from the billboard attached to the gable end wall generating a licence fee of £1,500PA
You enter the property into an entrance porch with stairs rising to the first floor residential accommodation and door through into the commercial downstairs. Upon entering the commercial part of the building there is a preparation room with large walk in freezer and store with stainless steel worksurface areas. The commercial kitchen is to the rear of the property, again fitted with stainless steel worksurfaces and commercial ovens with stairs leading down into the cellar. A door opens off the hallway into the inner hall with another walk in freezer and doorway with step down into the retail space.
The residential accommodation above briefly comprises two double bedrooms with the second of the bedrooms having distant sea views and the main bedroom having a WC. There is a double aspect living room, kitchen and bathroom. Outside there is a courtyard, outside WC and off road parking for one car.
Auctioneers note
The new lease was granted on 14th November for a term of 10 years at a rent of £2,000PCM. The lease for the advertising billboard to the gable end wall commenced on 1st August 2022 for a term of 5 years with an income of £1,500PA.
Accommodation
Ground Floor
Retail Space 4.95m x 4.57m
Kitchen 4.04m x 3.65m
Preparation Room 4.38m x 4.21m
Cellar 4.16m x 3.24m (lower ground floor)
First Floor
Living Room 4.75m x 4.84m
Kitchen 2.34m x 2.23m
Bedroom One 4.29m x 4.27m
Bedroom Two 4.11m x 3.62
Bathroom 2.78m x 1.83m
viewings
Viewings will be provided in the lead up to the auction. In order to book a slot, please telephone Auction House .
Notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Full details
Photographs, dimensions, floorplan and area measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale
EPC Rating: Shop E124 Flat D58
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Live Stream
Detached Freehold Mixed Use Premises With Parking Generating a Gross Rental Income of £25,500PA
Situated on the crossroads of Tregonissey Road and Carclaze Road is this detached, freehold mixed use premises. A new 10 year lease has been signed as of the 14th November for a period of 10 years at a rent of £2,000PCM for the full building. In addition to the lease for the building there is an additional income stream from the billboard attached to the gable end wall generating a licence fee of £1,500PA
You enter the property into an entrance porch with stairs rising to the first floor residential accommodation and door through into the commercial downstairs. Upon entering the commercial part of the building there is a preparation room with large walk in freezer and store with stainless steel worksurface areas. The commercial kitchen is to the rear of the property, again fitted with stainless steel worksurfaces and commercial ovens with stairs leading down into the cellar. A door opens off the hallway into the inner hall with another walk in freezer and doorway with step down into the retail space.
The residential accommodation above briefly comprises two double bedrooms with the second of the bedrooms having distant sea views and the main bedroom having a WC. There is a double aspect living room, kitchen and bathroom. Outside there is a courtyard, outside WC and off road parking for one car.
Auctioneers note
The new lease was granted on 14th November for a term of 10 years at a rent of £2,000PCM. The lease for the advertising billboard to the gable end wall commenced on 1st August 2022 for a term of 5 years with an income of £1,500PA.
Accommodation
Ground Floor
Retail Space 4.95m x 4.57m
Kitchen 4.04m x 3.65m
Preparation Room 4.38m x 4.21m
Cellar 4.16m x 3.24m (lower ground floor)
First Floor
Living Room 4.75m x 4.84m
Kitchen 2.34m x 2.23m
Bedroom One 4.29m x 4.27m
Bedroom Two 4.11m x 3.62
Bathroom 2.78m x 1.83m
viewings
Viewings will be provided in the lead up to the auction. In order to book a slot, please telephone Auction House .
Notice to bidder
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Full details
Photographs, dimensions, floorplan and area measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale
EPC Rating: Shop E124 Flat D58
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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