Tenanted Retail Unit – Producing £10,000 pa

Single storey retail unit currently trading as mobile phone repair shop, situated in the centre of Bamber Bridge, close to other retailers such as Morrisons Supermarket, Gee Tee’s, Greenhalgh’s Bakery, Domino’s Pizza and Spar. Tenancy: The unit is currently let by way of a 9 year lease from 30th June 2022 until 29th June 2031 art a current passing rent of £10,000 pax. The lease incorporates 3 yearly rent reviews. Please see the legal pack for a copy of the lease. Accommodation: According to VOA the Net Internal Floor Area extends to 62.7m2 / 675 sq.ft. Tenure: Freehold Title number: LA831225 Length of Lease/Term: Ground Rent : £ Service Charge: £ Council Tax Band : Local Authority: Preston Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

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 E

Local Authority

Preston City Council

Solicitors

Butcher & Barlow LLP, Ref: Butcher & Barlow LLP, Tel: 01606 334309

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £1980 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.