Lot 15
51 High Street South
Dunstable, Bedfordshire, LU6 3SF
£275,000+
Guide Price (plus fees)
A Part Let Commercial & Residential Investment Producing £18,540 per annum
Description
Tenure
Freehold
Location
The property is situated close to the heart of Dunstable town centre. Nearby multiples include KFC and Cash Converters as well as other local traders. The open spaces of Priory Gardens are within walking distance. The M1 motorway (junction 11) is easily accessible.
Exterior
The property benefits from a car parking area to the rear for approximately 3 cars.
Note
We understand that the shop and basement would lend itself to a change of use to residential (subject to obtaining all neccessary consents) as have been done in the immediate vicinity
Description (2nd Column)
The property comprises a ground floor lock up shop along with one studio room, two x one bedroom flats and one x two bedroom flat situated within a mid terrace building arranged over basement, ground and two upper floors. The property has been extended to the rear and benefits from three entrances.
Bold Black Text
Current Rent Reserved £18,540 per annum. Vacant Possession of Ground & Basement Floors.
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Tenancy Details | Current Annual Rent |
|---|---|---|---|---|
| 51A | Basement | Studio Room | Vacant | |
| 51 | Ground | Shop | Vacant (formerly let as a Barbers) ERV £550-£600 pcm |
|
| Rear Ground | Kitchen, Bathroom with WC & wash basin | |||
| 51B | Rear Ground | Reception Room, Bedroom, Kitchen, Bathroom with WC and wash basin | Let on an AST expiring on 30/06/14 at a rent of £500 pcm | £6,000 |
| 51C | First | Reception Room, Two Bedrooms, Kitchen, Bathroom with WC and wash basin | Let on a periodic tenancy at a rent of £550 pcm | £6,600 |
| 51D | Second | Reception Room, Bedroom, Kitchen, Bathroom with WC and wash basin | Let on an AST expiring on 30/06/14 at a rent of £495 pcm | £5,940 |
Additional Fees
Administration charge: £1,200 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.
View Details as PDFEnquire NowFinance AvailableRegister to Bid
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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