Auction House London

Lot 116

Mixed Use - Commercial Property 

33 Zetland Road

Loftus, Saltburn-by-the-Sea, Cleveland, TS13 4PW

Sold for £65,000

A Commercial & Residential Investment Comprising a Ground Floor Lock-up Shop with Basement and a One Bedroom First & Second Floor Maisonette. Fully Let Producing £10,660 per annum.

Description

The property comprises a mid terrace building arranged over lower ground, ground and two upper floors providing a ground floor lock-up shop with basement and a first and second floor one bedroom maisonette.

Tenure

Freehold

Location

The property is situated on an established shopping parade in Saltburn-by-the-Sea amongst the local shops and amenities. Nearby multiples include The Co-operative Food, Coral Betting Shop and McColls. Transport links are provided by the local bus routes and the A174 to Saltburn-by-the-Sea.

Accommodation & Tenancy Schedule

Floor Accommodation Tenancy Current
Annual Rent
Lower Ground, Ground & Rear Two Rooms, Double Fronted Lock-up Shop Area, Storage Area & Yard Let on a 5 year FRI Lease from 21st March 2019 £6,240
First & Second One Bedroom Maisonette (Reception Room, Kitchen, Bedroom Bathroom with WC & wash basin) Let on a 5 year Lease from 21st March 2019 £4,420

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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There are no internal viewings For all enquiries, please contact Jordan Phillips at Jordan@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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