In the Particulars of Sale and the Schedule of Accommodation and Tenancies please delete reference to t/a Chicken Lover.
Arrears as at 14.09.2018 are £5,316.42 which the Buyer will be liable for on Completion. We understand that the tenant is on a payment plan to clear the arrears of £1,000 every other week and to date has paid £4,000. The last payment received was on 05.09.2018.
The property is situated on the North side of The Street, between its junctions with Church Road and Old Manor Road in an established trading location.
Occupiers close by include Cubitt & West estate agents, Leaders estate agents, Cats Protection Charity Shop and St Barnabas Hospice Charity Shop amongst other predominantly local traders.
The property is arranged on ground floor only to provide a ground floor shop currently trading as a takeaway.
To the rear the property benefits from a service yard.
VAT is applicable to this sale, please refer to the legal documents for further details.
Current Rent Reserved £15,000 p.a.
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|
|60||Bethel Catering UK Limited (t/a Chicken Lover)||Gross Frontage
75.5 sq m
813 sq ft
|10 years from 27.01.2012
|£15,000 p.a.||Reversion 2022|
|Total £15,000 p.a.|