High Street Retail Property for sale

West Street, Alford LN13


Guide price
£140,000
2,319 ft²

Features

  • 2x ground floor retail units
  • 9x Storage rooms
  • Current Rental Income 6,760 per annum
  • Grade two listed building
  • Investment Opportunity
  • Three storey property

Description

Summary

For sale by online auction: Terms and conditions apply.

We are pleased to offer for sale by auction this three storey property grade two listed building. The property briefly comprises of two retail units and a store room on the ground floor with 5 rooms to first floor and 3 rooms to the second floor. All rooms on the first and second floor are currently being used as storage. The subject property is located along West Street, Alford. The property is well located along the central street through Alford. The property is also located along the main street which gives easy access to local amenities. We are advised the property is let on a verbal agreement. One retail unit is let for 80pw and the other is let for 50pw. Achieving an annual income of approx 6,760.

Please note we have not inspected this property.

Location

The subject property is located along West Street, Alford. The property is well located along the central street through Alford. The property is also located along the main street which gives easy access to local amenities. The subject property is 61 miles south of Hull and 80 miles east of Sheffield.

Accommodation

Ground floor:
'L' Shaped Retail Space One - 7.72m x 5.36m max
Retail Space Two - 5.92m x 3.2m
Cellar
Store Room 1 - 6.1m x 4.27m

first floor:
Store Room 2 - 5.08m x 4.88m
Store Room 3 - 5.18m x 3.9m
Store Room 4 - 5.6m x 2.08m
Store Room 5 - 4.34m x 4.22m
Store 6/WC

second floor:
Store Room 7 - 5.16m x 3.6m
Store Room 8 - 4.01m x 3.48m
Store Room 9 - 5.54m x 3.89m

nia approximately 215.41sqm (2,319sqft)

Lease Details

We are advised the property is let on a verbal agreement. One retail unit is let for 80pw and the other is let for 50pw. Achieving and annual income of approx 6,760.

Tenure

Freehold. Title number LL261594.

Rateable Value

The adopted rateable value for No.7 is 2,425 and No.8 is 1,200 as effective from 01 April 2017.
Sourced from voa.

EPC

We are advised the property is exempt from needing an Energy Performance Certificate as it is Grade II listed.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon agreement of sale, the successful bidder will be expected to pay a non-refundable deposit and or reservation fee of up to 6% inc VAT (subject to a minimum of between 2,400 and 6,000 inc VAT dependant on geographical location and contract type) Full terms and conditions are available on The Auctioneers website.

The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or obligation to use these recommended suppliers or services.

Categories

High Street Retail Property
Call
Property reference
CP_2D853DFE5C_19