Sold for £20,500

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Virtual freehold investment comprising a ground floor lock up shop (667 sq ft, source EPC) in Bodmin town centre, previously let producing £3,900 per annum

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Description/Location

The property features an open plan retail space of approximately 258 sq ft with a separate cloakroom and store to the rear. Ideally situated in the town centre, we estimate the current rental value is £325 pcm.

Tenure

Leasehold: 999 years from 09/1988
Energy Rating: E

Local Authority

Cornwall Council 0300 1234 100

Viewing

Please contact Charles Darrow Network Auctions on 01626 330022

Accommodation

Ground floor: Shop area, cloakroom, storage area

Rent

Potential rent £3,900 per annum

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*Guide Price & Reserves

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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.