About this property

Key Features

Freehold subject to long leases
Ground rent investment opportunity

Description

An opportunity to acquire a freehold ground rent investment opportunity, of a mixed-use end of terrace property, featuring 3 commercial premises and a first floor accommodation. The property features an attractive corner building on the junction of High Street and Baldock Road, in the centre of the popular town of Buntingford. The building has a plain tiled roof over a mix of weather boarded and rendered elevations. The ground rent investment opportunity presents a total current rent of £1,300 per annum. Brief details of the rents and leases can be found in the table below, with full details found in the legal pack.


Tenure

Freehold subject to long leases

Location

Buntingford is an attractive market town in the county of Hertfordshire. The town centre has a wealth of shops, facilities and services including national and local traders with the town bordered the A10 trunk road which connects London to Cambridge and beyond.

Auctioneers Note

Please note that this is purely a freehold ground rent investment opportunity only. No internal viewing of the properties is permitted.

Lot Type

Commercial

Legal Packs

www.cheffins.co.uk/auctions/property-auctions or Joanne Guest of Tollers BBW, Broadway Chambers, Letchworth Garden City, Herts, SG6 3AD.

Viewing

Cheffins Property Auction Dept 01223 213777


Important notes

*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.�