For Sale By Auction | 06:30 pm, 25 October 2018 | Lot 45

Road And Containers, Fifth Avenue, Bluebridge Ind. Est. Halstead, Essex, CO9 2SZ

Sold £3,000

  • Commercial Property
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Thu 25/10/2018

Auction Time

06:30 pm

Auction Venue

Holiday Inn (Wolsey Room), London Road, Ipswich, IP2 0UA

A private road and storage containers with a strong yield

Within the Bluebridge Industrial Estate on the western outskirts of town is this interesting freehold Lot comprising private roadway Fifth Avenue, part of Third Avenue and three 20’ storage containers. The roads provide access to several commercial operations and the containers are sited within the hammerhead at the end of Fifth Avenue. The containers are let individually on 6 month licences at a rent of £75 plus VAT per calendar month giving an annual yield of £2700 equating to 27% of the quoted Guide Price, an unrivalled return on a minimal investment.

Tenure

Freehold

Viewing

Any reasonable time at own risk

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Braintree District Council. Tel: 01376 552525

Solicitors

Mills & Reeve, 78-84 Colmore Row, Birmingham B3 2AB, Ref: Mr M Whatley, Tel: 0121 456 8291

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 - 0.3% including VAT subject to a minimum of £840.00 including VAT

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