TYPEMixed Use, Residential, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON13th December 2019
**Unsold, please refer to Auctioneer**
A Mid Terrace Building Arranged as a Ground Floor Shop with First Floor Storage/Ancillary Space. Potential for Conversion to Residential (Subject to Obtaining all Relevant Consents).
The property comprises a mid terrace building providing a ground floor lock up shop trading as a sweet shop with storage/ancillary space above. Both properties either side are residential dwellings thus there is potential for conversion to residential accommodation (subject to obtaining all relevant consent).
The property is situated on a mixed use road comprising a mix of shops with uppers and fully residential buildings. The open spaces of Cornforth Community Park are within easy reach. Transport links are provided by the nearby A1(M) motorway (J61).
Ground Floor Shop Area 36.2 sq m (389.6 sq ft) Kitchen 4.4 sq m (47.3 sq ft)
First Floor Storage/Ancillary Space with WC
The property benefits from a rear yard with vehicular access
The property is subject to a Tenancy at Will trading as Sweet Treats commencing 1st April 2014 at a rent of £250 per calendar month. The rent has not been increased since the tenancy commenced.
Current Rent Reserved
Current Rent Reserved £3,000 per annum
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.