Property photos
Auction
Guide price
£275,000
Industrial for sale
54 Fore Street, Saltash, Cornwall PL12Local area information
Property location
Nearby amenities
- Saltash 0.2 miles
- Brunel Primary & Nursery Academy 0.4 miles
- Bishop Cornish CofE VA Primary School 0.4 miles
- St Budeaux Victoria Road 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Saltash to find out more about the local area.
Features and description
For sale by online auction on Tuesday, 03 Dec 2024 ending at 13:46
*Guide Price £275,000 (plus fees). For Sale by National Timed Auction, bidding opens Monday 2nd December 2024 at 13:00pm and closes Tuesday 3rd December 2024. A large commercial premises located in a prime high street location. Variety of potential uses. Legal pack available via our website.
Freehold Commercial PremisesSituated within a prime high street location and benefitting from approximately 3,370 sq ft of accommodation, this freehold building has a large rear tenement and offers fantastic scope as either a commercial investment or as a development opportunity for conversion to residential in part (subject to necessary consents).
The property has been primarily used as retail and office space by the current tenants and comprises of;
On the ground floor: A front retail/office area (with one additional private office, kitchenette and stairs to the first floor) beyond which, the modern rear extension provides a large open office suitable for retail or offices use, with a small store room at the rear and a further store below which is accessed via the rear service lane.
On the first floor: The front of the building is arranged as one large office with one additional private office and a store room (or additional office space), with WC facilities adjacent and a further large open plan office area to the rear, which has been sub-divided in part to form three private offices (one with river views, toilet and large balcony), a kitchenette and a large board room/meeting room.
Auctioneers note
The mid-terrace two-storey building has a 15 year full repairing and insuring lease in place from 1st October 2010 at a passing rent of £44,000 per annum to Bloom Hearing Services. We believe the tenants will look to relinquish this early and ask any prospective purchaser to carry out their own due diligence in regards to this.
Accommodation
Lower ground floor stores 8.29 sq. M 90 sq. Ft
Ground floor sales area front - 67.40 sq. M 725 sq. Ft
Ground floor rear sales office 83.97 sq. M 904 sq. Ft
Ground floor rear store 8.29 sq. M 90 sq. Ft
Ground floor itza 64.1 sq. M 690 sq. Ft
First floor front offices 59.37 sq. M 639 sq. Ft
Rear offices 92.85 sq. M 1,000 sq. Ft
viewings
Regular block viewing sessions will
Featured Lot
False
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £600 (£500 + vat) to the Auctioneers, on exchange of contracts
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides 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 (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
*Guide Price £275,000 (plus fees). For Sale by National Timed Auction, bidding opens Monday 2nd December 2024 at 13:00pm and closes Tuesday 3rd December 2024. A large commercial premises located in a prime high street location. Variety of potential uses. Legal pack available via our website.
Freehold Commercial PremisesSituated within a prime high street location and benefitting from approximately 3,370 sq ft of accommodation, this freehold building has a large rear tenement and offers fantastic scope as either a commercial investment or as a development opportunity for conversion to residential in part (subject to necessary consents).
The property has been primarily used as retail and office space by the current tenants and comprises of;
On the ground floor: A front retail/office area (with one additional private office, kitchenette and stairs to the first floor) beyond which, the modern rear extension provides a large open office suitable for retail or offices use, with a small store room at the rear and a further store below which is accessed via the rear service lane.
On the first floor: The front of the building is arranged as one large office with one additional private office and a store room (or additional office space), with WC facilities adjacent and a further large open plan office area to the rear, which has been sub-divided in part to form three private offices (one with river views, toilet and large balcony), a kitchenette and a large board room/meeting room.
Auctioneers note
The mid-terrace two-storey building has a 15 year full repairing and insuring lease in place from 1st October 2010 at a passing rent of £44,000 per annum to Bloom Hearing Services. We believe the tenants will look to relinquish this early and ask any prospective purchaser to carry out their own due diligence in regards to this.
Accommodation
Lower ground floor stores 8.29 sq. M 90 sq. Ft
Ground floor sales area front - 67.40 sq. M 725 sq. Ft
Ground floor rear sales office 83.97 sq. M 904 sq. Ft
Ground floor rear store 8.29 sq. M 90 sq. Ft
Ground floor itza 64.1 sq. M 690 sq. Ft
First floor front offices 59.37 sq. M 639 sq. Ft
Rear offices 92.85 sq. M 1,000 sq. Ft
viewings
Regular block viewing sessions will
Featured Lot
False
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £600 (£500 + vat) to the Auctioneers, on exchange of contracts
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides 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 (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
More information
Listed by
Auction House South West
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