Lot 29
Commercial Property - Commercial Property
Ground Floor Shops at 50-52 High Street and 1a Kings Road
Swanage, Dorset, BH19 2NX
Withdrawn Prior
A Commercial Investment Comprising Three retail Units Fully Let Producing £39,000 per annum.
Description
The property comprises three adjoining retail units within mixed use terrace buildings arranged over ground and three upper floors.
Tenure
Leasehold. The properties will be held on a new 999 year lease on or before completion.
Location
The property occupies a prominent position in the primary shopping area of Swanage town centre. Nearby multiples include Boots and Lloyds Bank.
VAT
VAT is not applicable
Accommodation Schedule
| Property | Floor | Accommodation | Lessee | Lease Terms | Current Annual Rent |
|---|---|---|---|---|---|
| 50 High St | Ground | Shop Area (A1/A2 Use) - 139.72 sq m | Individual t/a an antique shop | FRI lease expiring 23.06.22 | £13,000 |
| 52 High St | Ground | Shop Area (A1/A2 Use) - 139.72 sq m | Individual t/a a restaurant/wine bar | FRI lease expiring 25.06.22 | £18,000 |
| 1a Kings Rd | Ground | Shop Area (A1 Use) - 107.21 sq m | Individual t/a white goods appliance shop | FRI lease expiring 24.06.24 | £8,000 |
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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Viewing Appointments to be Confirmed
For further information, please register for the legal pack.
For all enquiries, please contact Jamie Royston at jamie@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
Enquire about Ground Floor Shops at 50-52 High Street and 1a Kings Road, Swanage, Dorset, BH19 2NX
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