Commercial Investment for Improvement

Commercial Freehold Investment comprising two vacant retail shops and ground rents from two Leasehold Flats above. Thorough refurbishment required

Tenure

Freehold

AUCTIONEERS NOTE

*AUCTION ADMINISTRATION FEE* The buyer will pay the Auctioneer a £600 (£500 + vat) Auction Administration Fee on exchange of contracts

GROUND RENT

The Flats above the Ground Floor have 125 year Leases from 25/10/1998 The Ground Rent for Flat 4 = £150pa The Ground Rent for Flat 4a = £100pa Further details will be available in the auction Legal Pack

GROUND FLOOR

SHOP (NUMBER 4) 12' 7" x 10' 4" (3.86m x 3.16m) with steps up to; RAISED AREA 9' 7" x 6' 3" (2.94m x 1.93m) SHOP (NUMBER 4A) At the time of inspection, access could not be gain, however the layout, dimensions and condition, appears to be very similar to number 4

VIEWINGS

Please contact joint auctioneers Millerson, Redruth T: 01209 216367 or Auctionhouse Devon and Cornwall T: 01837 55681 - We can only provide access to Shop 4. An external inspection is likely to be appropriate for most interested parties

FULL DETAILS

Photographs, room dimensions, floor plans and area measurements (when available) are included within our full details online at www.auctionhouse.co.uk.net. All published information is to aid identification of the property and is not to scale

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Cornwall Council

Solicitors

Gunnercooke LLP, 53 King Street, Manchester, M2 4LQ, Ref: Eliot Lopian, Tel: 0161 667 7015

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £600 (£500 + vat) to the Auctioneers, on exchange of contracts

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.