Fully Let Retail / Industrial & Office Investment With Parking – Producing £56,241 pa

An excellent investment opportunity which has only become available due to the proposed retirement of the owner/s. A multi-functional site comprising a mixture of Light Manufacture, Office & Retail Units totalling approximately 722 m2 / 7,773 sq.ft plus Car Parking Briefly comprising as follows: - 1 St Georges Lane – mainly ground floor showroom with rear workshop and first floor offices, totalling approximately 288.2 m2 / 3,103 Sq.Ft. plus adjoining car park appx (0.19Acre) St Georges House - Two Storey Unit Sub divided into 4 units. Units 1 & 3 – 156.8 m2 / 1688 Sq Ft Unit 2 – 70.6 m2 / 760 Sq Ft Unit 4 – 72.8 m2 / 783 Sq Ft Lynx House (17 St Georges Lane) - Two Storey Detached Warehouse / Offices appx 133.7 m2 / 1439 Sq Ft Tenure: Freehold Title number: LA911793 Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/ ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

Freehold

EXTERIOR: Building 1 has a gated car park of appx 773 m2 (0.19 Acre) Building 2 has a covered car park to the Rear with designated tenant parking spaces TENANCIES We are informed that the properties are currently let as follows: - 1 St Georges Lane – Let to Mobility 2000 until 31st October 2025 at a current rent of £27,500 pa (w.e.f. 1st May 2023) St Georges House - Units 1 & 3 – let to Tower Gaming until 31st December 2024 at a current rent of £9,000 pa. Unit 2 – let to private individuals t/as Munro Print until 31st December 2026 at a rent of £6,760 pa, next rent review 1st July 2024. Unit 4 - let to private individual as art studio until 31st April 2024 at a rent of £4,713 pa. Lynx House (17 St Georges Lane) Let to private individuals (Electrical Contractors) until 31st January 2026 at a rent of £8,268 pa, TOTAL RENTAL INCOME = £56,241 PA (no arrears as at 24th April 2023) SERVICES All units are separately metered.

Energy Efficiency Rating (EPC)

Current Rating C, C, D, C, E

Local Authority

Wyre Borough Council

Solicitors

Easthams Solicitors Limited, 292-302 Church Street, Ref: Easthams Solicitors Limited, Tel: 0800 032 14 32

Offered in association with

Broomheads Estate Agents

Additional Fees

Administration Charge - 1.8% inc VAT of the purchase price, subject to a minimum of £1800 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.