0 Bedroom Commercial in Lynchford Road Farnborough

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Commercial

Lynchford Road, Farnborough, GU14 6EJ

Guide Price: £180,000
  • sold
  • sold
  • sold
  • Key Features

    • SOLD BY AUCTION
    • SOLD FOR £325,000

    Property Description

    SOLD AT AUCTION FOR £325,000 - A freehold, fully let, mixed use building comprising ground floor retail shop and 3 self-contained flats being sold subject to existing single long term lease, currently generating £14,000 per annum equivalent.

    AUCTION DATE: To be sold by public auction on Wednesday 26th July 2017 at 1:30pm at Green Park Conference Centre, 100 Longwater Avenue, Green Park, Reading, Berkshire, RG2 6GP

    TO VIEW: Please call 01344 753 120.

    LOCATION: * Situated in North Camp centre * Good access to Farnborough town centre, airport and amenities * Mainline rail service to London Waterloo * Access to M3 at junctions 4 & 4a

    DESCRIPTION: * Fully let building * Ground floor retail unit * 3 flats * Rent review due 28/09/2018 and every 5 years after * Good investment potential

    ACCOMMODATION: Comprises:

    65 LYNCHFORD ROAD: A retail unit approximately 586 sq ft (54.5 sq m), door to inner hallway with exterior access, WC, stairs to first floor,

    65b LYNCHFORD ROAD: Ground floor flat. The auctioneers have been unable to access 65b but have been informed by the sellers and the Lessees the accommodation comprises, bedroom, living room, WC, bathroom, kitchen

    FIRST FLOOR: Hallway, 2 storage rooms, door to 67b, stairs to 67a

    67b LYNCHFORD ROAD: Entrance hall, bedroom, WC, bathroom, living room/kitchen

    67a LYNCHFORD ROAD: Top floor flat comprising entrance hall, kitchen, bathroom, living room, inner hallway, 2 bedrooms

    OUTSIDE: Small yard and store

    EPC RATINGS: 65 Lynchford Road = D * 65b Lynchford Road = D * 67a Lynchford Road = E * 67b Lynchford Road = D

    TENURE: Freehold

    TENANCY: The whole lot is let on a single lease for the term of 20 years from 29/09/2013 at £14,000 per annum rent. The tenant repairs but the landlord ensures. Please see Legal Pack

    LOCAL AUTHORITY: Rushmoor Borough Council - 01252 398 399

    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 Friday 7th July.

    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.

  • Location

  • Street View

  • Floorplans

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    floorplan
  • Energy Performance Certificate

    EPC
Viewing Times Wokingham
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