2 bedroom mixed use for sale165 Hainton Avenue, Grimsby, Lincolnshire
- For sale by auction
- Investment Freehold Building
- Bedrooms: 2
Lot 226 - This lot is for sale by auction as lot 226 on 15th December 2016.
A Freehold Mid Terrace Building arranged to provide a Ground Floor Café together with First and Attic Floor Maisonette above. Entire Building subject to a Commercial FRI Lease
BY ORDER OF RECEIVERS
The property is situated on the east side of Hainton Avenue, close to its junction with Catherine Street. Shops are available along Hainton Avenue, with a more extensive range of other facilities being available in Grimsby town centre. Rail services run from Grimsby Town Station approximately 0.9 miles to the west. The open spaces of Grant Thorold Park and Peoples Park are nearby.
The property comprises a mid terrace building arranged over ground, first and attic floors beneath a pitched roof. The property is internally arranged to provide a ground floor café together with a first and attic floor maisonette above. The property benefits from a rear yard and outdoor WC.
Ground Floor - Shop Floor, Kitchen First Floor - Two Bedrooms, Bathroom/WCAttic - Attic Room
The entire property is subject to a commercial lease (FRI) for a term of three years from 15th April 2016 at a rent of £550 per calendar month (rising).
The property will be open for viewing every Tuesday and Thursday before the Auction between 11.00 - 11.30 a.m. These are open viewing times with no need to register. (Ref MW).
Current Rent Reserved £6,600 per annum (equivalent)
Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, 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 price, or range of prices, are displayed on our website. The latest published guide, or range of prices, 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. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.
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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 Allsop , Auction on 0207 494 3686.
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