Multi Let Business Centre Office Investment Opportunity – Currently Producing Gross Income of £209,760 pa

**12 Week Completion Available** Description Opportunity to acquire a multi-let office / business centre investment with excellent growth potential, constructed in 1998. Presently the offices are divided into twenty individual office suites ranging from 355 sq.ft. up to 1,881 sq.ft. with shared conference/meeting room, kitchen and WC facilities. The offices are fitted with air-conditioning, passenger lift, plus door entry system. Externally the building benefits from extensive parking for approximately 100 cars. The total site area being 1.84 acres / 0.475 ha. Investment Summary Let to 15 tenants, producing a gross income of £209,760 pa 17,095 sq ft (85%) occupied Current net rental £37,668 pa Asset management opportunity Tenancy schedule in legal pack Location Prime location on Rossmore Business Park, Ellesmere Port, a successful employment area, adjacent to junction 8 M53 Ellesmere Port is situated approximately 13 miles south of Liverpool and 35 miles west of Manchester and benefits from excellent communications. Tenure: Long leasehold Title number: CH450577 Length of Lease/Term: 122 years (less three days) from 24 March 1993 Ground Rent : peppercorn Local Authority: Cheshire West & Chester Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Leasehold. CH450577

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

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.

Energy Efficiency Rating (EPC)

Current Rating B

Local Authority

Cheshire West and Chester Council

Solicitors

Harrison Drury, 1A Chapel Street, Ref: Harrison Drury, Tel: 01772 258321

Additional Fees

Administration Charge - 2.75% inc VAT of the purchase price, subject to a minimum of £2750 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.