Lotu.uk

 - UK Property Auctions

Currenlty listing 787 upcoming property auctions in the UK

Search more auctions
Lot 94 - High Yielding Mixed-Use Investment

Lot 94 - High Yielding Mixed-Use Investment

Address

Try Lotu.uk for free to view address

See address

Auction date

19 Aug 2025

Guide price

£390,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Status

Ended

Auction location placehbolder

Description

The property comprises a high yielding mixed-use investment forming part of a popular local parade and benefitting from a prominent pedestrianised pitch.

Arranged as a ground floor retail unit with a two bedroom maisonette to the upper parts, the property is fully let to two tenants and producing a total rent of £42,600 per annum.

The ground floor is let to HK Superstores Limited on a lease with 16 years unexpired (expiring 10.11.2041) and paying £30,000 per annum.

The upper parts comprise a two bedroom maisonette with separate rear access and is let to private individual(s) on an Assured Shorthold Tenancy (AST) expiring 18.05.2026 and paying £12,600 per annum (£1,050 pcm).

Last update: 07 Aug 2025

Similar property auctions

Search more auctions