FOR SALE BY ONLINE AUCTION - 6 WEEKS’ COMPLETION - A freehold mixed use investment with a retail unit on the ground floor and a 3 bedroom duplex maisonette on the upper floors, located on Crowthorne High Street. Sold with vacant possession on completion, we would estimate the rental value for the retail unit to be in the region of £1,250 PCM and £1,100 PCM for the maisonette, providing a gross yield in the region of 8.29% PAX.
Auction date
To be sold by online auction on Friday 30th September 2022, bidding will open at 10.00.
To view
Virtual viewing available on request. Please call 01344 753 120 to book an appointment.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Location
* Crowthorne High Street * Good access to M4 at junction 10 via A329m & M3 at junction 4 * Rail service to Reading, Redhill and Gatwick Airport
Description
* Freehold investment opportunity * Ground floor retail unit * 3 bedroom duplex maisonette * Potential rental income £28,200 per annum
Accommodation
Comprises:
Ground floor
Retail area, store, kitchenette, WC
First floor & Second floor
Entrance hall, living room, kitchen, 3 bedrooms, bathroom
Outside
Front and rear access, garage
Tenure
Freehold
EPC rating
Retail unit (96): D, Maisonette (100): F
Council tax band
Maisonette: Tax band B, Retail unit Rateable value: £13,250 - Bracknell Forest Council
Please note
All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty’s Stationery Office @ Crown copyright. All rights reserved, Licence no: 100020449.
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 the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
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Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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Call 01344 753120
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