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Residential properties for auction in Colne, Lancashire

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Two bed mid terraced house with two reception rooms and attic room

Entrance hallway, lounge, dining room, kitchen, bathroom, bedroom one, bedroom two, bathroom, attic room. Front garden with yard to rear. Popular residential location.

Tenure
See Legal Pack

Energy Efficiency Rating (EPC)
Current Rating D

Local Authority
Pendle Borough Council

Additional Fees
Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

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 North West on 0800 050 1234 to arrange a viewing
7, Elm Street, Colne, BB8 0RQ
Two bed mid terraced house with two reception rooms and attic room
Type: House, Residential
Location: 7 Elm Street, BB8 0RQ
Images: 2
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** UNSOLD - AVAILABLE AT £90,000 **

Location
The property is located in an established town centre position fronting on to Dockray Street which is accessed directly from Market Street and is opposite to the town's library and is nearby to a number of national retailers including Tesco & Greggs The Bakers

Description
To be offered by auction. Freehold town centre three storey retail and residential property which comprises a self contained retail unit, trading as a beauty salon to the ground floor plus three self contained residential bed sits to the first floor. The current rent reserved is £13,360 per annum with a potential to increase to approximately £16,480 when fully let.

Accommodation
The following details have been provided by the vendor:
Ground Floor: Retail unit
Sales and Staff Areas: 40 sq m (430 sq ft)
First Floor: One bedsit and kitchen
Second Floor: Two bedsits plus a shared bathroom and w/c

Outside
External access to the cellar and shuttered access to the rear.

Planning
Interested parties should consult direct with the Local Planning Office, Pendle Borough Council, Nelson Town Hall, Market Street, Nelson, BB9 7LG Tel: 01282 661661.

Tenancy
The ground floor retail unit is let by way of a 5 year business tenancy from 19th June 2018 at a rent of £6,600 per annum. The first floor bedsit is let by way of an AST agreement at a rent of £60 per week (£3,120 per annum). One of the second floor bedsits is let by way of an AST agreement at a rent of £70 per week (£3,640 per annum). Second Floor Bedsit- Vacant Total Current Rent- £13,360 per annum.

General
Energy Performance Certificate = E
8, Dockray Street, Colne, BB8 9HT
Freehold town centre three storey retail and residential property
Type: General Retail, Retail, Office, Residential, Flat, Offices
Location: 8 Dockray Street, BB8 9HT
Images: 2
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