LOT 39

55 Meadow Street & 31 Orchard Street, Weston-super-Mare, Somerset, BS23 1QJ

FREEHOLD COMMERCIAL INVESTMENT & 3 FLATS, 2 VACANT FOR IMPROVEMENT PLUS OFFICE AREA
Guide price: £180,000 - £190,000*

Auction Date

Monday, 10th December 2018 11:00am

BY ORDER OF M GETLIFFE & D HILL OF CLB COOPERS LTD AS JOINT RECEIVERS

Location & Description

An end of terrace three storey corner property close to the town centre arranged as a ground floor hairdresser with three flats and an office area at the junction of Meadow Street & Orchard Street within a local retail area,

Accommodation

Second Floor Flat: 2 rooms, kitchen, bathroom/WC
Let on AST (holding over) at £7,440 p.a.
First Floor Office: 1 room, WC
First Floor Flat: 2 rooms, kitchen/bathroom
Ground Floor Flat: 2 rooms, kitchen, bathroom
The 2 vacant flats are in need of improvement/modernisation

Ground Floor Retail Area: 750 sq ft (70 sq m)
Subject to a 5 year lease expiring March 2019 at £6,000 p.a.

EQUIVALENT TO £13,440 p.a. WITH THE BENEFIT OF 2 VACANT FLATS & OFFICE AREA

Status

Sold for £180,000

Joint Auctioneer

The Property Source Tel: 01934 628285 Attn: Dean Smith

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.