Property for Auction in London - 42 Boutport Street, Barnstaple, Devon

A Ground Floor Retail Unit Let to Coral Producing £22,500 Per Annum The property comprises a ground floor retail unit situated within a mid terrace building arranged over ground and two upper floors. Tenure Leasehold. The property will be held on a 999 year lease. Location The property is situated in Barnstaple city centre close to local shops and amenities. The open spaces of Pilton Park are within easy reach. Transport links are provided by Barnstaple rail station. Accommodation Ground Floor Retail Unit G.I.A Approximately 157 sq m (1,690 sq ft) Tenancy The property is let to Coral for a term of 5 years expiring in 2027 at a rent of £22,500 per annum. We understand the tenant has been occupying the property since at least 2014. Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.