Mixed Use Investment Property – Wm Hill Let at £14,000 pa Plus Two Vacant Two Bed Flats – ERV c£30,800 pa

Substantial three storey mixed us property briefly comprising a self-contained retail/commercial unit let to William Hill, plus two vacant self-contained two bed flats above, accessed from the rear. Presently William Hill Organization Limited occupy the ground floor by way of a lease (copy contained in legal pack) due to expire December 2024 at a rent of £14,000 pa. We are informed that the flats have been achieving £700 pcm. The potential rental income when fully let is c£30,800 pa The property occupies a prominent location overlooking the A49 – Mersey Street on the easterly fringes of Warrington town centre with Johnstone’s Decorating Centre and Papa Johns Pizza both situated in the same row. Tenure: Freehold Title number: CH378616 Local Authority: Warrington Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating 106 - C, 108 - D, Shop - B

Local Authority

Warrington Borough Council

Solicitors

Molesworth Bright Clegg, Octagon House 25-27, Ref: Molesworth Bright Clegg, Tel: 01706 356 666

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.