COVID-19 – Important Auction Information
For Sale By Auction | 13:00, 14 May 2020 | Lot 8

62 Queens Road, Nuneaton, CV11 5JZ

Sold £150,000

  • Commercial Property

Call the team on 024 7652 7789 for more information

Auction Date

Thu 14/05/2020

Auction Time

13:00

Auction Venue

ONLINE ONLINE,

**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.

LOCATION

Located within a well established parade of shops and eateries just beyond Nuneatons inner ring road

ACCOMMODATION

GROUND FLOOR Approximately 835 sq. ft. FIRST FLOOR Approximately 786 sq. ft.

EPC RATING - E

TENURE

Freehold subject to tenancy

TENANCY

Term: 20 years from 12th May 2017 ending 11th May 2037 Rent payable: £12,000 p.a. Rent Review : May 2022

ADDITIONAL COSTS

Administration Fee: £1,200 (£1,000 plus VAT) Please see the legal pack, for any further costs.

NOTE

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.

Additional Fees

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.