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A high yielding commercial investment property offering a circa 10% gross annual return
This is a good sized long leasehold commercial property situated just off The Clevedon Triangle on Overstables Lane totalling aproximately 130 sqm/ 1,400 sq ft. The property is currently let to a long standing tenant at £6,000 per annum on a periodic tenancy agreement with 1954 Rent Act Part II protection.
Leasehold. residue of a 1000 year lease with the majority still to run
By appointment with Auction House
For Sale by Auction
On Thursday 2nd April 2020 at 7.00pm at Ashton Gate Stadium, Winterstoke Road, Bristol BS3 2LQ Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.
A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.
Energy Efficiency Rating (EPC)
Current Rating on order
North Somerset District Council
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.