Lot 11: Investment
Guide Price: £550,000
Sold for: £525,000
374 - 378 (and flats) London Road
Essex SS0 7HZ
Please contact us for more information
Tel: 01702 311010
COMMERCIAL INVESTMENT OPPORTUNITY: TO BE SOLD AS ONE LOT – THREE LET SHOP PREMISES (ONE DOUBLE UNIT) AND SIX FLATS LET ON ASSURED SHORTHOLD TENANCIES
Situated in a busy trading position close to the junction of Hamlet Court Road and London Road.
The lot to be sold includes three titles:
374, 374A & 374B London Road
Lock-up shop approximately 350ft² with two x 2 bedroom flats above
Held under one title – EX150186
376-378 London Road (double shop unit) approximately 675ft²
376A, 376B, 378A & 378B London Road (Four x 2 bedroom flats above)
Held under two titles EX158281 & EX 158184
The buildings form part of what is commonly known as Mehmet Court.
For all details regarding leases and Assured Shorthold Tenancies please refer to the legal pack for more information.
CURRENT RENT RESERVED
We are advised that the current rent reserved is £71,000
We are awaiting an up to date rent schedule from the receivers
Please contact the Auctioneer for dates and times for viewing
Solicitors: Walker Morris Solicitors, Kings Court, 12 King Street, Leeds, West Yorkshire Tel: 0113 283 2500
Selling at Auction
We can provide you with a free, no obligation auction appraisal of your land or property. We will advise you whether we think your property is suitable for sale by auction or not and sometimes we can run a private treaty marketing campaign ahead of each promoted auction for selected lots.