Sold £110,000
- Commercial Property
- Tenure: Heritable (Scottish Freehold)
Call the team on 020 7625 9007 for more information
A Freehold Bank Investment Producing £10,000 per annum
The property comprises a ground floor commercial unit within a semi detached building arranged over ground and first floors.
Tenure
Heritable (Scottish Freehold)
2 Line Address
False
Location
The property occupies a prominent position on the main shopping parade in Cowdenbeath town centre. Other nearby multiples include Ladbrokes, Londis and local established traders. Transport links are provided Cowdenbeath rail station.
Accommodation
Ground Floor Gross Frontage 11.7m (38'5") Net Frontage 10.30m (33'9") Shop Depth 9.90m (32'6") Built Depth 17.35m (56'11") Shop Area 125 sq m (1,345 sq ft)
Tenancy
The property is Let to TSB Bank Plc on an FRI Lease for a term of 10 years commencing 25th December 2014 at a rent of £10,000 per annum. Rent reviews every five years.
Lot Type
Commercial Investments
Viewing Details
Please refer to us directly on: 0207 625 9007/ info@auctionhouselondon.co.uk
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
