Withdrawn | Lot 35

Lasan, Kingsland, Shotley, Ipswich, Suffolk IP9 1NB

Withdrawn

  • Mixed Use
  • 2 Bedrooms

Call the team on 01473 558 888 for more information

Auction Date

Wed 26/07/2023

Auction Time

11:00

Auction Venue

Livestream Auction

A prime mixed use investment with an established tenant.

This excellent freehold investment opportunity is a modern detached property with gardens and parking and comprises a ground floor takeaway with a two bedroom flat above. The property is currently let in its entirety on an 18 year lease which commenced in September 2009 at a rent of £810 per calendar month (£9,720 per annum). This has never been increased and it's now considered to be underlet but a review is due in 2024 when there'll be opportunity to enhance. With such an established business in situ we believe this to be a very low risk opportunity.

Energy Efficiency Rating (EPC)

Current Rating Takeaway C, Flat E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Babergh District Council

Solicitors

Watkins Stewart and Ross, Ref: Richard Aldridge

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 - 0.3% inc VAT of the purchase price, subject to a minimum of £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.