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Property for sale

London Road, Reading

Guide Price* £140,000

Property Description

Key features

  • SOLD AT AUCTION FOR 143,000

Full description

Tenure: Freehold



SOLD AT AUCTION FOR £143,000


AUCTION DATE 
To be sold by public auction Wednesday 14th December 2016 at 1:30pm at Green Park Conference Centre, 100 Longwater Avenue, Green Park, Reading, Berkshire, RG2 6GP

TO VIEW 
Viewings are not permitted as the property is sold as an occupied investment, however, reasonable access will be permitted for the purpose of valuations and surveys.

LOCATION 
* Close to Reading town centre * Commercial area * Main road position

DESCRIPTION 
* Ground floor shop unit trading as Seasons Caribbean Takeaway * Sales area and kitchen * Car parking

ACCOMMODATION 
Retail area, kitchen, internal area approximately 255 sq ft ( 23.70 sq m), WC measuring 41 sq ft (3.81 sq m)

OUTSIDE 
Parking space to the front of the building

TENURE 
Freehold

TENANCY 
The building is let on a lease for a rent of £9,500 per annum, commencing 12th September 2012 for a period of 7 years

LOCAL AUTHORITY 
Reading Borough Council - 0118 937 3787

LEGAL PACK 
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive this information, a link to the Legal Pack will be available on our website www.romans.co.uk from Wednesday 16th November

GUIDE PRICES 
Where a guide price is given, that guide is the minimum price at which the seller might be prepared to sell on the date on which the guide price is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide prices are displayed on our website. The latest published guide will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. The guide price will be published online immediately it becomes available at: www.romans.co.uk/auctions. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Listing History

Added on Rightmove:
11 November 2016

Map & Street View

Disclaimer - Property reference AUC160331. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Romans Auction, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Romans Auction, Auctions on 0800 093 9994.


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