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Property Listing Details

Property details

Features

  • Countrywide Are Pleased To Offer For Sale By Public Auction On : Thursday, 13 February 2020 at
  • Sandy Park Conference Centre, Exeter EX2 7NN
  • Lot Number : 1
  • A freehold investment opportunity with ground floor premises included, set in the town centre of torquay.
  • Commercial Investment
  • £40,000 - £50,000

Listing view statistics

Last 30 days: 409 page views

Since listed: 409 page views

Description

Offered is the freehold interest of the building, to include the ground floor commercial unit, currently let until November 2020 and generating an income of £650 pcm/£7,800 pae. The upper floors comprise of three flats, being away on 199 year leases from 2005, generating combined grounds rents of approximately £233 per annum.

Guide prices & reserve prices

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Map & Nearby

Local Amenities

  • Torquay - North Quay 0.5 miles
  • Torquay Harbour Boarding Pontoon 0.6 miles
  • EF Academy Torbay 0.1 miles
  • Ellacombe Church of England Academy 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Torquay - North Quay 0.5 miles
  • Torquay Harbour Boarding Pontoon 0.6 miles
  • EF Academy Torbay 0.1 miles
  • Ellacombe Church of England Academy 0.3 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Countrywide Property Auctions - South West. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Countrywide Property Auctions - South West for full details and further information.