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76 High Street, Bidford on Avon, Warwickshire, B50 4AD

Sold for for £230,000.
 

Guide Price £175,000-£180,000 plus fees


Thursday 3rd September 2015

11.00am
Key Features
A Freehold Village Centre Retail Investment Let to One Stop<1mm/> Current Gross Income: £15,000 pa.
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Sold for for £230,000.

Retail Property (high street)

Is Preliminary Lot

False

Location

The property occupies a corner position at the junction of High Street and Bidford Bridge within the heart of this popular riverside village. Within the immediate vicinity, there is a small retail parade, the Bridge Riverside Eaterie and The Frog Riverside Pub.
Bidford on Avon is an attractive Warwickshire village lying approximately 6 miles downstream from Stratford upon Avon and 7 miles upstream from Eversham.

Property Description

The property comprises a single storey brick built convenience store with ancillary storage. The property is well presented and typical of a one-stop store.
We have not undertaken a measured survey of the property, but understand that it extends to approximately 1,822 sq.ft. (169.29 sq.m.) or thereabouts. All interested parties should seek their own verification of sizes and dimensions.

Property Type

Commercial Investment

Tag Line

A Freehold Village Centre Retail Investment Let to One Stop
Current Gross Income: £15,000 pa.

Tenure

We understand that the property is Freehold, subject to a full repairing and insuring Lease for a term of 25 years with effect from 26th June 1995, to T & S Stores Plc trading as One Stop. The current rent passing is £15,000 per annum. There is a provision within the Lease for a rent review every five years.
A copy of the Lease documentation will be available for inspection within the legal pack.

Value Added Tax

We understand that VAT will not be chargeable on this transaction.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.

Tenure: