Auction House London

Lot 120

Mixed Use - Commercial Property 

Unit 3 Market Street

Morecambe, Lancashire, LA4 5DW

Withdrawn Prior to Auction

A Freehold Commercial Investment Comprising a Lower Ground & Ground Floor Double Fronted Retail Unit with First Floor Ancillary Storage Producing £20,000 per annum.

Description

Location

The property is situated at the junction of Market Street and Euston Road within a pedestrianised shopping parade. Nearby multiples include Barlcays Bank, Ladbrokes, Peacocks, Holland & Barrett with access to the Arndale shopping centre. Transport links are provided by Morecambe rail station.

VAT

VAT is applicable

Description (2nd Column)

The property comprises an end of terrace building over lower ground, ground and first floors arranged to provide a lower ground and ground floor lock-up shop with a ancillary storage above.

Viewing Details

There are no internal viewings
For all enquiries please contact us directly on 0207 625 9007

Accommodation & Tenancy Schedule

Property Floor Accommodation Terms of Tenancy Current Annual Income
Unit 3 Ground


First
Double Fronted Retail Area (Frontage 30" Depth 98")
G.I.A 2,275 sq ft
Auxiliary Storage Area
G.I.A 2,188 sq ft
The Entire Building is let to Saver Heath & Beauty on a lease of 5 years from 17 July 2014 with a 3 year break clause. £20,000

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.

Guides 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. Each 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.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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.

Enquire NowFinance AvailableStamp Duty CalculatorRegister 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

Share this lot

Similar Properties

Lot 128

Garland House 177-179 Deptford High Street, Deptford, London, SE8 3NU

*Sold Prior to auction, for an undisclosed amount

Lot 45

92 & 92A Oxford Road Reading, Berkshire, RG1 7LJ

*Unsold, the last bid was £404,000. Please refer to Auctioneer for Reserve

Lot 76

14-16 Rawson Place Bradford, West Yorkshire, BD1 3QQ

*Sold after auction for an undisclosed amount

Enquire about Unit 3 Market Street, Morecambe, Lancashire, LA4 5DW

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox

Services

  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services

Auctions

  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale
  • Register to Bid

Guides

  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online

About

  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Email: info@auctionhouselondon.co.uk
Auction House London
Site built by IVC
Copyright © 2024 Auction House London
Registered Address: 5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL Company No. 07048084
Footer Logos