High Street, Biggleswade, SG18
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
6
- SIZE
Ask agent
Key features
- 6 Bedroom HMO
- Genrating about £47,000 PA Gross
- Option to buy whole building
- Leasehold
- EPC: TBC
- Vacant GF shop
- Town Centre location
Description
Two 2-bedroom flats above retail shop converted to be an HMO with 6 rooms.
Option to purchase whole building
In Brief: Two 2-bedroom flats set up as an HMO (Homes of Multiple Occupation) for 6 dwellings generating about £47,400 Gross per annum. 6 rooms, communal facilities in each flat. Each room pays for own heating and electric. Located on the High street above a lock up shop.
Tenure: Lease granted to the residential units above the shop below. Expiry date: 18-09-3016 with zero ground rent.
Shop: Located below on the same title this lock up shop is available as a separate lot and could be purchased simultaneously with the flats. It offers an open plan retailing area with stock rooms and access to basement rooms providing storage and or office space. Kitchen and toilet. Over all the premises is approximately 1,437 Sq. Ft. (Net) with the retailing area about 676 Sq. Ft.
EPC: The flats are rated: TBC. The shop is Rated ‘C’ valid until 26th June 2035
Rates: The VOA website provides a rateable value for the shop of £19,500
VAT: All prices quoted exclusive of VAT
Viewing: By appointment in the first instance via Satchells.
Sale by Auction: Working in partnership with ‘THE PROPERTY AUCTION GROUP’ all interested parties wishing to make a bid will be referred to our partner agent. You can register to bid on the property and see further guidance and terms of buying through an auction on the ‘THE PROPERTY AUCTION GROUP’ website.
Buyer’s premium for the uppers: £6,000 + VAT £7,200 Including VAT
Buyer’s Premium for shop: £5,000 + VAT. £6,000 including VAT.
Potential Tenant: The current owners advise of interest of prospective tenant with a draft lease in the region of £25,000. For further information, please contact Satchells.
AML/ID: As agents, we are legally required to verify the identity of all individuals and companies, along with their sources of finance, for any sale, purchase, lease, or licence arranged through us. All clients therefore are required to complete a company and personal ID/AML/Sanctions check via our third-party provider. Costs range from £35–£60 plus VAT per person, depending on the client and company structure involved.
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
High Street, Biggleswade, SG18
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
About Satchells Commercial, Herts & Beds
Station Place, Letchworth Garden City, Hertfordshire, SG6 3AQ
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 31089878. 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 Satchells Commercial, Herts & Beds. 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.
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 Satchells Commercial, Herts & Beds on 0141 673 1940.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.