16 Mar 2022 | 02:00 PM
Result:
Sold prior to auction, for an undisclosed amount
Freehold
21 King Street, Saffron Walden, Essex, CB10 1EU
Lot 7
Result: Sold prior to auction, for an undisclosed amount
Key Features
- Freehold
- Current rent of £25,000 per annum
- 2 storey building with prime ground floor retail space and accommodation space above
- Well located investment opportunity in popular town centre
Description
A wonderful opportunity to purchase a Grade II* Listed timber framed property, occupying a prominent location in the heart of the thriving town of Saffron Walden. The property is likely to appeal to investor buyers and owner occupiers alike.
The attractive building has a pitched tiled roof with timber frame walls and features the following accommodation:
Ground Floor: A good size retail/reception area with large display window to King Street; Office with window to side; Lobby Area; Cloakroom with white WC and wash hand basin; Examination Room/Office with wash hand basin and door to rear.
First Floor: The first floor is accessed via a staircase from the main retail area of the ground floor and gives access to; Room 1 with fitted carpet, blocked fireplace and single glazed window to front; Landing/Storage area with window to side; Room 2 with fitted carpet, storage cupboard and a range of exposed timber beams; Room 3 with fitted carpet, window to side and storage cupboard.
It is understood that the first floor has previously been used as a residential flat but is currently used for storage purposes.
The property has a total gross internal floor area of approximately 134m² (1,446ft²).
Outside: It is understood that the property has a small area of courtyard space to the rear of the accommodation.
Tenure
Freehold subject to lease
Lot Type
Commercial
Tenancies
The property is fully let to a single tenant at a rent of £25,000 per annum. The building is currently used as an Opticians. It is understood that the 10 year lease, which was signed in 2009 has expired, with the tenant holding over.
The sale therefore offers buyers a chance to re-gear the lease, if desired.
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Matthew Darmon of Adams Harrison, 43 High Street, Sawston, Cambridge, CB22 3BG
Viewing
Cheffins Property Auction Dept 01223 213777
Important notes
IMPORTANT: Cheffins would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances or fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance and illustration purposes only and may not be to scale. Images may have been digitally edited for illustration purposes. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.