Commercial Property for saleGround Floor, 39 West Road, Loftus, Saltburn by the Sea, North Yorkshire
Guide Price* £6,000
• For sale by Auction • Leasehold for sale of Retail premises
• Excellent investment opportunity • Superb Location at the end of the high street
The Leasehold comprises the ground floor of a retail property and includes comprises a good sized retail space currently zoned into 3 different areas, good double window frontage, with useful office area to the rear, galley kitchenette and WC facilities.
The Leasehold has a 999 year term, which commenced on the 1st January 2006. Full details are available upon request.
The leasehold is subject to an annual sub tenancy, which will become a periodic tenancy from the 1st March 2016. The annual rental income is £2,640.00 and the sub tenancy lease details are available as part of the auction pack.
Property ref: 121_1600_3999315
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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 George F.White, Bedale on 01677 425 301.
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