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Floorplan
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    Key features

    • To be offered on Tuesday 27 January
    • Freehold Mixed Use Investment
    • Comprising double fronted shop with a flat and maisonette above
    • Entirely let to Boots UK Ltd on a renewed lease expiring 2030 (1)
    • Tenant has been in occupation 20+ years
    • May have development potential subject to consents
    • VAT is not applicable
    • Investment let at £29,500 p.a. (10.92% GIY on Guide Price)

    Description

    A prominent double fronted property arranged as two interconnected properties to provide a ground floor (double) shop, with two self-contained flats above.

    Access to the flats is from the rear.

    To the side is access with parking.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - 354,4 sq m (3,815 sq ft)

    First Floor Flat - 1 bedroom

    First & Second Floor Maisonette - 2 bedroom

    Tenancy

    Let to Boots UK Ltd on a renewed full repairing and insuring (FRII) lease for a term of 5 years from August 2025 at £29,500 per annum.


    (1)The lease provides for a tenant break option at the 3rd anniversary


    Tenant information


    Boots: www.boots-uk.com - 1,800 stores nationwide (Source: www.boots-uk.com/about-boots-uk)

    Planning

    The property may have redvelopment potential subject to all necessary consents. All enquiries in this regard should be made with the local authority

    Local authority:Cornwall Council

    Website: www.cornwall.gov.uk

    Rent

    £29,500 per annum

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Liskeard is a busy Cornish market town situated midway between Bodmin and Plymouth.

      The property is located within the town centre at the junction of Bay Tree Hill and Fore Street.

      Transport

      Road - The town is situated at the junction of the A38 (one of the main trunk roads through Cornwall) and the A310

      Rail - Liskeard Railway Station provides direct services to both Plymouth and Penzance

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

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

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums