Home » Property Search » Auctions » 09/02/17 » 171 High Street, Dovercourt, Essex, CO12 3QB

Lot 29 - 171 High Street, Dovercourt, Essex, CO12 3QB

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LONG LEASEHOLD COMMERCIAL INVESTMENT

Guide price: £105,000 - £110,000 *

Auction Date

Thursday, 9th February 2017 11:00am

Location & Description

Dovercourt adjoins Harwich and is an Essex coastal town with an International Port (freight and passenger) at Parkeston. About 75 miles from London and reached via the A120 from J29 of the A12.
A ground floor shop forming part of a two storey semi-detached building on the south side of the High Street next to Thomas Cook opposite Iceland and within walking distance of Scrivens, Nationwide, Halifax, Boots, Superdrug, Barclays and the mainline station.

Accommodation

Sales Area:
545 sq ft (50.6 sq m)
3 rear rooms:
300 sq ft (27.9 sq m)
Kitchen and WCs.
Subject to a repairing & insuring lease to Stephen Cross (Aveley Carpets & Vinyls - previously occupied a shop a few doors along and also has a store in Clacton) for 10 years from 31.10.2016 at £9,500 p.a. (4 year reviews).

Lease Details

New 999 year lease

EQUIVALENT TO £9,500 p.a.

EPC Rating

D

Result

Refer to auctioneer

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.