DESCRIPTION:
Mixed use freehold terraced property. Currently rented on a commercial lease, generating £14,400 per annum. Super investment opportunity with immediate secure income.
ACCOMMODATION:
Ground floor; Established take away business, trading as ” The Trawler’s Catch.” Serving area, kitchen, store rooms/cold room. Rear access via King Street, for delivery’s etc.
First and second floors; Used as accommodation by the business owners below. Entrance hall, kitchen, reception, bathroom, two bedrooms. Private entrance via King Street.
Rented on a 15 year commercial lease, from December 2012 at £14,400 per annum. 4 years and 6 months remaining. For lease details please refer to the auction legal pack.
LOCATION:
Creswell is a former mining village located in the Bolsover district of Derbyshire, England. At the 2011 Census population details were included in the civil parish of Elmton-with-Creswell. Today it is best known for Creswell Crags and its model village.
TENURE:
Freehold
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
