LOT
2
Requiring refurbishment, this end-of-terrace period cottage has been enlarged at...
*Guide Price | £150,000+ (plus fees)
Located in the very centre of Buckingham, this freehold building comprises a commercial unit on the ground floor and two flats above, generating over £32,000 per annum.
This three-storey period building is extremely well located in the centre of this much sought-after market town. It is fully let with a long term tenant (Boots Opticians) occupying the ground floor plus a basement, and both the flats (one occupying the first floor and the other occupying the second floor) are let under Assured Shorthold Tenancy (AST) agreements.
The shop benefits from frontage directly onto the pavement with a doorway between two display windows, then at the rear of the building there is a separate entrance and an external staircase leading up to a hallway with doors to both the first-floor and second-floor flats. The first-floor flat has a living room and a bedroom with windows at the front of the building, a shower room and a separate kitchen with a window to the rear. The second-floor flat has its own staircase from the first floor, together with a living room and a bedroom looking to the front, a shower room and a kitchen with a window to the rear. The rear access is via Market Hill.
Freehold
Shop unit with basement: Let to Boots Opticians with a new 5-year commercial lease for £14,400 per annum.
First-floor flat: Let under an Assured Shorthold Tenancy for £9,000 per annum.
Second-floor flat: Let under an Assured Shorthold Tenancy for £9,120 per annum.
The property is Grade II Listed.
Listing No: 1201397.
A
13: C, Flat 1, 13A: D, Flat 2, 13A: D
VAT is not applicable
Buckinghamshire County Council
01296 395 000
There is no Buyer's Premium payable on this lot.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Purchasers will be required to pay an administration fee of £1,500 incl. VAT
12:00pm
Delta Marriott Hotel Timbold Drive, Milton Keynes, Buckinghamshire MK7 6HL
These are open house viewings, you do not need to make an appointment you can simply attend between the published times.
Price Information
*Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer’s premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
