Solicitor Details

*Guide Price & Reserves

RETAIL / INVESTMENT

Property Description

Location:

• The property is located in a conservation area in the town centre near to the junction of London Road, Double Street, High Street and Church Street
• Nearby occupiers include Halifax, Boots, Vision Express, Ladbrokes and Santander

Accommodation:

Planning

Local Authority: South Holland District Council (01775) 761161.

Note:

• The Auctioneers have not inspected the property
• The adjoining property at the rear has a small area of flying freehold over the rear ground floor
• VAT is payable on the rent and purchase price
• Can be purchased as a TOGC

Tenure

• Freehold, subject to existing lease
• The property is let on a 5 year FRI lease from 01.09.2023 with 2 year rent review and break option at a rental of £18,000 pax plus VAT

Energy Performance Certificate:

Rating 71, Band C.

Extra Details

Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.