COVID-19 – Important Auction Information
For Sale By Auction | 14:00, 15 April 2021 | Lot 7

47/47A Main Street, Mexborough, South Yorkshire, S64 9LU

Sold £93,000

  • Mixed Use
  • 2 Bedrooms
  • Tenure: See Legal Pack

Call the team on 0114 223 0777 for more information

Auction Date

Thu 15/04/2021

Auction Time

14:00

Auction Venue

Live Stream Live Stream, Online,

For Sale for Livestream auction on Thursday 15th April 2021. Please note you need to pre-register to bid.

A fantastic, fully tenanted, mixed-use investment opportunity that is generating an annual income of £9,840, comprised from the shop that is fully let for £395pcm and the upstairs duplex flat at £425pcm on an unfurnished basis giving an annual yield of over 13%! The commercial unit downstairs has been fully refitted by the current tenant and is a successful hair salon with a large customer base. It features a large showroom area including reception desk, as well as separate kitchen area, W.C. and rear storage room. The large upstairs flat is split over two levels and features private rear access. It is comprised of; large kitchen diner, living room and bathroom to the first floor and two double bedrooms on the top level, as well as off road parking to the rear. Mexborough is a popular commuter town and this property occupies a prime location on the main street with local amenities including a supermarket that are a 5 minute walk away. Please note that the photos were taken just before the current tenants took occupation and we have video viewings available to send via Whats App or on our Facebook page - no physical viewings will be carried out.

Tenure

See Legal Pack

Ground Floor Commercial Unit

Fully fitted out hair salon featuring reception area, cutting area, separate kitchen and W.C. and rear storage room.

Duplex Two Bedroom Flat

First Floor - Kitchen diner, living room, bathroom and storage cupboard Second Floor - Two double bedrooms

Local Authority

Rotherham Metropolitan Borough Council

Solicitors

Bindman Solicitors, Arch 7 Hymers Court, Brandling Street, GATESHEAD, NE8 2BA

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - £1200 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.