Mixed Use Investment Property – Tenanted Ground Floor Barber Shop & Self Contained Flat – Producing £7,748 pa
Two storey terrace property briefly comprising tenanted ground floor barbers shop together with tenanted self contained one bed flat accessed from the rear to the first floor. At time of entering, not inspected by Auction House but the flat is understood to provide landing, bathroom, lounge, kitchen and bedroom. Tenancies The Barbers is currently let to a private individual by way of an original one year lease from January 2013 which contained an option to extend until 2023 at a rent of £3,640 pa. The flat is let at £79 per week (£4,108 pa). The current rental income is therefore approximately £7,748 pa. Please refer to legal pack for leases Location Situated on the westerly side of Union Road (B6231) in the centre of Oswaldtwistle, close to Oswaldtwistle Mills Shopping Village & Garden Centre.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating Shop - E Flat - E
Local Authority
Hyndburn Borough Council
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
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 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.