Commercial Property
False
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 High Street, the Saddlers Centre and Jerome retail park are all within close proximity.
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 as a local Solicitors office.
A Well Presented Freehold Town Centre Commercial Investment
Current Rent Passing: £7,000 pa
We understand that the property is Freehold subject to a Lease for a term of 3 years with effect from the 1st October 2012 at a current rent of £7,000 per annum. The tenant is currently holding over.
We have not had sight of the Legal documentation relating to this letting however a copy of the Lease will be available for inspection within the Legal Pack.
We undestand that VAT will be chargeable upon this transaction.
Strictly by arrangement with the Auctioneers.
