WITHDRAWN - It has come to light that when 27d was sold off the lessee may have converted this space to residential. The Vendors have been unable to confirm this. If this space has been converted then notices under the Landlord and Tenant Act as amended would need to be served. The property is therefore withdrawn from the sale and will be reoffered at a later date. Registered bidders will be informed, but any other interested parties should contact the online auction team.
lease note the correct postcode is BA6 9DR and not as stated in the online Particulars of Sale.
On Completion the buyer will not be liable for arrears accrued by the long leaseholders.
The property is situated on the north side of High Street, between it's junctions with The Archers Way and Market Place as well as adjacent to St John's Church in an established trading location within the town.
Occupiers close by include Boots Chemist, Post Office, Co-Op Food amongst others.
This Grade II listed property is arranged on ground and two upper floors to provide a ground floor shop with residential and office accommodation above. The upper floors have been sold off on long leases.
VAT is applicable to this sale, please refer to the legal documents for further details.
Buyers Fee -The successful purchaser will be required to pay the auctioneers administration fee of £600 inclusive of VAT. Other additional costs/fees may apply please see Special Conditions of Sale
This auction lot is now closed.
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|No.||Present Lessee||Accommodation||Terms of Lease Agreement||Current Rent £ p.a||Next Review / Reversion|
|27||S Rogers||Gross Frontage
|8.00 m (26' 3")
5.80m (19' 0")
17.45m (57' 3")
17.80m (58' 5")
|15 years from 06.03.2018 (1)
Rent reviews every 5th year
Tenant option to break at the 10th anniversary
FR & I
|£15,000 p.a||Rent Review 2023|
|27a||Individual||Residential||125 years from 25.12.1987||£50 p.a.|
|27b||Individual||Residential||125 years from 25.12.1987
25 yearly fixed rent reviews (2)
|27d||G Woodhouse||Office||999 years from 28.11.2014||Peppercorn|
|Total £15,100 p.a.|