Overview
-
Shop -
£250,000 -
Kirkby in Ashfield -
IP001585122
Property Details
BUSINESS NOT AFFECTED. PART FREEHOLD INVESTMENT FOR SALE. SUBSTANTIAL TWO STOREY COMMERCIAL BUILDING WITH REAR ACCESS AND PARKING. THE FIRST FLOOR ROOMS HAVE SEPARATE ACCESS, ARE CURRENTLY UNDEVELOPED, BUT EMINENTLY SUITABLE FOR CONVERSION TO RESIDENTIAL USE. SUBJECT TO AN EXISTING LEASE OF THE GROUND FLOOR TO WILLIAM HILL ORGANISATION LTD PRODUCING A RENT OF £19,000 P.A. ON INTERNAL REPAIRING TERMS. LEASE RUNS UNTIL 2026. LOCATED ON THE PRINCIPAL THOROUGHFARE FOR KIRKBY IN ASHFIELD
- Business Not Affected. Part Freehold Investment for Sale
- Substantial Two Storey Commercial Building With Rear Access and Parking
- The First Floor Rooms Have Separate Access, Are Currently Undeveloped, but Eminently Suitable for Conversion to Residential Use
- Subject to an Existing Lease of the Ground Floor to William Hill Organisation Ltd Producing a Rent of £19,000 P.a. On Internal Repairing Terms
- Lease Runs Until 2026
- Located on the Principal Thoroughfare for Kirkby in Ashfield
ACCOMMODATION COMPRISES
GROUND FLOOR Sales shop occupied by the tenants, William Hill on a 20 year lease from 25th April 2006.According to the VOA website the rateable value is £13,750 and the floor area is 131.71 square metres. The rent passing is £19,000 per annum.
FIRST FLOOR Access is at ground level through a rear entrance door leading to a vestibule and staircase to the first floor.There are 9 rooms totalling 122.69 square metres plus passages.
REAR Gated hard surfaced yard over which adjacent property has a right of way.
MONEY LAUNDERING under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property.
FINANCIAL ADVICE we offer help and advice in arranging your mortgage. Please contact this office. Written quotations available on request. YOUR HOME IS AT RISK IF YOU DO NOT KEEP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.
AS WITH ALL OUR PROPERTIES we have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment.