Retail Property (High Street)
The property comprises an attractive mid terraced three storey building of brick and part rendered construction with a slate roof. The property is currently used for a retail use, and associated storage.
We understand that the property is Freehold, subject to a Lease for a term of 2 years, with effect from 5th February 2017, at a current rent of £7,000 per annum. We understand that the tenants have been in occupation for some time.
Full and further details and 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 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. Subject to tenancy.
