Commercial Property
The property comprises an attractive mid terraced three storey building of brick and part rendered construction with a slate roof. The property is well presented throughout and is currently used for retail use.
We understand that the property is Freehold, subject to a Lease for a term of 3 years with effect from the 10th October 2014, at a current rent of £6,000 per annum.
We have not had sight of any legal documentation relating to this letting, but a copy of the Lease will be available for inspection within the legal pack.
The property is situated within a parade of similar properties lying to the northern side of George Street opposite an Asda superstore and within an area of which is currently undergoing extensive investment and improvement including a new retail and leisure development to the rear. The established shopping areas of the High Street, the Saddlers Centre and Jerome Retail Park are all within close proximity.
We understand that VAT will be chargeable upon this transaction.
Strictly by arrangement with the Auctioneers.
Freehold. Commercial investment.
