**SOLD ONLINE AUCTION - SOLD FOR £150,000** INVESTMENT OPPORTUNITY Freehold tenanted retail unit with income payable of £12,000 p.a. having first floor storage/ sales area. Overall space approximately 1,601 sq. ft.
Located within a well established parade of shops and eateries just beyond Nuneatons inner ring road
GROUND FLOOR Approximately 835 sq. ft. FIRST FLOOR Approximately 786 sq. ft.
EPC RATING - E
Freehold subject to tenancy
Term: 20 years from 12th May 2017 ending 11th May 2037 Rent payable: £12,000 p.a. Rent Review : May 2022
Administration Fee: £1,200 (£1,000 plus VAT) Please see the legal pack, for any further costs.
Due to the current COVID 19 Government guidelines, viewings of this property will not be able to take place. The Auctioneers have not recently inspected the property. The property has structural concerns and a report is included within the Legal Pack. Completion date no later than 90 days from the sale of the lot.
Administration Charge - these fees are included in the above sales particulars.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.