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Home » Property Search » Auctions » Current Auction » 80 South Street, Bishop's Stortford, Hertfordshire, CM23 3BG

Lot 26 - 80 South Street, Bishop's Stortford, Hertfordshire, CM23 3BG

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By Order of Joint LPA Receivers

FREEHOLD COMMERCIAL INVESTMENT

Guide price: £170,000 - £180,000 *

Auction Date

Tuesday, 22nd May 2018 11:00am

Location & Description

A double fronted, two storey property comprising a ground floor shop with small mezzanine area (not accessible).
On the west side of South Street near to the junction with Station Road/Newtown Road and close to a variety of local/multiple retailers including Halfords, Sue Ryder and Tesco Express. Bishop’s Stortford mainline station is within ¼ mile.
Bishop’s Stortford is popular market town about 7 miles from Stansted airport and 30 miles north of London with good road access via the M11.

Accommodation

477 sq ft (44.3 sq m), external WC
Small mezzanine – Not accessible
The entire property is let on a repairing and insuring lease to Simon Richards and Francesca Richards (trading as a barber) for 7 years from 28.07.2010. The tenant is currently holding over and has been paying the receivers a rent of £17,000 p.a.

EQUIVALENT TO £17,000 p.a.

EPC Rating

E

Result

Withdrawn Prior to Auction

Joint Agent

 Copping Joyce Ref: Jessica Rivas-Furlong - Tel: 020 7749 1040

Addendum

The special conditions marked NEW are the only version that were published and so are the originals. The property is within the Bishop's Stortford Conservation Area.

* 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.