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Properties for auction in Cornmeadow Drive, GL51

Create Alert 2 results Sorry, we currently do not have any listings in 0 miles of Cornmeadow Drive, GL51 - Please find below the nearest listings available.
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Auction Venue
Aston Villa FC, Holte Suite, Trinity Road, Birmingham, B6 6HE
Date : 21st March 2019
Time : 11:30 am
Guide Price : £80,000+


Mixed use investment opportunity in prominent High Street location. Current rental income £12,000 per annum.

Property Description
The property comprises a self-contained ground floor retail unit with rear store and wc, together with a self contained flat above with accommodation set over two floors. The flat is accessed via a separate entrance to the side of the retail unit. We understand the retail unit is currently let producing a rental income of £550 pcm, and the self-contained flat is let on an Assured Shorthold Tenancy agreement producing £450 pcm, which converts to a very healthy yield in excess of 14% if purchased at the current guide. The accommodation would benefit from a scheme of modernisation and improvement. The auctioneers have not inspected the property internally but believe it to comprise:-

Ground Floor:
Retail Unit with rear store and wc.

First Floor:
Two rooms, kitchen and bathroom.

Second Floor:
Two rooms.

Outside:
Storage shed.

Tenure
Freehold. Subject to tenancy.

Viewings Details
Viewings can be booked online (under the Lot Information section on this page) or by contacting the auctioneers on 0121 233 5046.

1 March 14:00 - 14:20
36, Port Street, Evesham, WR11 1AW
Mixed use investment opportunity in prominent High Street location. Current rental income £12,000 per annum
Type: Mixed Use, Other Property Types & Opportunities
Location: 36 Port Street, WR11 1AW
Images: 2
Brochures: 1
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**Unsold, the last bid was £102,000. Please refer to Auctioneer for Reserve*

A Two Bedroom Ground Floor Flat

The property comprises a ground floor two bedroom flat situated within a purpose built building arranged over ground and two upper floors.

Tenure
Long Leasehold. There are approximately 984 years unexpired on the lease

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Location

The property is situated in a quiet residential area close to local shops and amenities. The open spaces of Kingsway Manor Farm Park are within easy reach. Transport links are provided by Gloucester rail station and the M5 motorway (J12) is within easy reach.

Accommodation

Ground Floor
Reception Room
Kitchen
Two Bedrooms (One with an En-Suite)
Bathroom with WC and wash basin

Exterior

The property benefits from communal gardens and allocated off-street parking

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Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

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.

Viewing Times
Please call Auction House London on 020 7625 9007 to arrange a viewing
Ground Floor 10, Streamside, Gloucester, GL4 0TA
A Two Bedroom Ground Floor Flat
Type: Flat, Farm, Residential, Commercial Land
Location: Ground Floor 10 Streamside, Gloucester, GL4 0TA
Images: 12
Brochures: 1
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