25A Bowes Street, Blyth, Northumberland, NE24 1BD

GUIDE PRICE £45,000 - £55,000 FOR SALE BY ONLINE AUCTION ON MONDAY 16TH AUGUST FROM 12 NOON For registration details, please visit auctionhouse/northeast.co.uk Commercial Property let on a five year lease This commercial property is currently let as a beauticians and comprises Shop front with Rear office and store. 5 Year rental Lease in place since July 2020 offers a potential yield of 11.55% on lower guide. Year 1 - £4680 Year 2 & 3 [from July 2021] Rent to increase to £5,200 per annum Year 4 & 5 [increase to £5,720] per annum Please Note: Auction House North East have not internally inspected this property. Additional Fees Buyer's Premium: £1,000.00Administration Charge: £1,200.00Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion 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. Administration Charge Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel. A problem with your internet connection has been detected. We'll reconnect you as soon as we can. Loading the bidding panel... Connecting t…

From the Auction House North East listing. Read the full listing and legal pack →