Auction House London

Lot 15

 

51 High Street South

Dunstable, Bedfordshire, LU6 3SF

£275,000+

Guide Price

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.

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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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