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Lot 250
Your Bid £0
1 -3 Langney Road, Eastbourne, East Sussex BN21 3QAAvailable at £965,000
- To be offered on Wednesday 30 September
- Freehold Retail and Ground Rent Investment
- Comprises a substantial block arranged as two ground floor retail units
- Let to DP Realty Limited (t/a Domino's Pizza), Ladbrokes Betting and Gaming Limited & O2
- Leases expire December 2036 and March 2033 respectively
- Office on the upper parts have been sold off on a long lease
- Investment let at £114,250 pa (12.69% on Guide Price)
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1/4
Lot 251
Your Bid £0
Hammer Price £162,000
43 Bridge Street, Chester, Cheshire CH1 1NGSold
- To be offered on Wednesday 30 September
- High Yielding Retail Investment
- Freehold Retail Unit
- Let to Tenant trading as Wine & Spirits
- 10 Year Lease Expiring May 2035
- Prime Pitch on a High Footfall Pedestrianised Pitch
- Investment Let at £15,000 p.a. (11.54% GIY on Guide Price)
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Lot 252
Your Bid £0
80 Lower Addiscombe Road, Addiscombe, Croydon, CR0 6ABWithdrawn
- To be Offered on Wednesday 30 September
- High Yielding Mixed Use Investment
- Retail Unit and Two Flats
- Fully Let to Separate Tenants
- Ground Floor Let to a Dental Surgery
- 15 Year Lease Expiring 28.09.2032
- Forms Part of a Popular Parade
- Investment Let at £51,000 p.a. (10.2% GIY on Guide Price)
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Lot 253
Your Bid £0
61 Northgate and 9a/B Kings Mews, Canterbury CT1 1BBAvailable at £199,000
- To be offered on Wednesday 30th September
- Freehold Mixed Use and Residential Ground Rent Investment
- Comprising a shop with 2 self-contained flats above (one sold off on a long lease)
- Shop let on a lease expiring 2036 (no breaks)
- Vacant 1 bedroom flat
- Asset management opportunity
- VAT is not applicable
- Investment let at £12,200 p.a. + Vacant 1 bed flat
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1/3
Lot 254
Your Bid £0
89 Spa Road, Bermondsey, London SE16 3QTWithdrawn Prior
- Deferred to 20th October auction due to legal pack delays
- Virtual Freehold Education Investment
- Well located in the heart of Bermondsey
- Let on a lease expiring 2032
- Rent Review 2029
- VAT is applicable (TOGC intended)
- Investment let at £55,000 p.a. (6.9% GIY on Guide Price)
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1/8
Lot 255
Your Bid £0
K Units, (K35, K36, K37, K38), The Avenues, Team Valley, Gateshead, Tyne & Wear NE11 0NJAvailable at £385,000
- To be offered on Wednesday 30 September
- Substantial Office Block Comprising 4 Units
- Comprises approximately 1,005.95 sq m (10,828 sq ft)
- Ongoing asset management opportunities
- Opportunity to increase rent roll with letting of two vacant units
- ERV believed to be in the region of £78,000 pa once fully let
- Reflects approximately 20.26% GIY on suggested reversionary ERV
- Investment let at £54,940 pa (14.27% on Guide Price) + two vacant units
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1/8
Lot 256
Your Bid £0
Units 1-10 Gun Lane Business Estate, Rochester, Kent, ME2 4UDWithdrawn Prior
- To be Offered on Wednesday 30 September
- Rarely Available Investment Opportunity
- 8 x Railway Arches, Light Industrial/Office Buildings and Associated Land
- Asset Management Potential Via Letting
- Opportunity to Create a Diverse, Multi Let, Investment
- Prominent Roadside Pitch
- Offered with full Vacant Possession
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1/28
Lot 257
Your Bid £0
30-32 Belmont Street, Southport, Merseyside, PR8 1LYAvailable at £475,000
- To be offered on Wednesday 30th September
- Convenience Store let to One Stop Stores Limited
- Includes 5 flats
- 4 flats are currently let producing £25,200 p.a. in Total
- 1 Flat offered with vacant possession
- Prominent Corner Position with onsite forecourt parking for approx. 15 cars
- Comprising 407.6 sq m (4,388 sq ft) in Total
- VAT is applicable to this Lot
- Six week completion Available
- Investment Let at £42,750 p.a. (9% GIY on Guide Price) Plus a Vacant Flat
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1/5
Lot 258
Your Bid £0
Unit 3, Pantiles House, 2 Nevill Street, Tunbridge Wells, Kent TN2 5TTWithdrawn Prior
- To be offered on Wednesday 30 September
- Ground floor Healthcare Investment
- Trading as Kims Clinic
- Let for a term of 15 years from 29th October 2024
- Currently producing £32,500 per annum with 13 years unexpired
- Rent rising to £37,500 per annum on 29/10/2026
- 999 year lease from 10/06/2005
- Benefits from a recent comprehensive tenant fit out
- By order of the Fixed Charge Receivers
- Gross Initial Yield of 11.2% on Guide
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Lot 259
Your Bid £0
Hammer Price £50,000
62 Exeter Street, Plymouth, Devon, PL4 0BWSold
- To be offered on Wednesday 30 September
- A substantial ground floor retail/leisure unit with large floorplate
- Formerly used as a gym
- Benefitting from rear loading bay
- Two access points
- Prominent city location
- Asset management potential to re-let the unit
- Suitable for a variety of uses subject to the requisite consents
- Guide price reflects a low capital value (£12.21 per sq ft)
- GIA approx. 8,189 sq ft (761 sq m)
- Vacant possession
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