18 Sep 2019 | 02:00 PM
Result:
Sold for £29,200
Ground rent investment, 35-37 High Street, Buntingford, Hertfordshire, SG9 9AD
Lot 5
Result: Sold for £29,200
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
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.