August 2021: Wednesday 04 August 2021 - 9:30am
Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • Investment Let at £60,000 PA
    • Current tenant has been in occupation since 2012 and occupies both the restaurant and flat
    • Flat Approximately (993 sqft)
    • Lease Expiry 2025
    • Located on an established and busy shopping Parade
    • Been in the same ownership since 1997

    Description

    Click Below for a Virtual Tour

    Flat

    A two storey property located in a prominent High Street parade, The current property is occupied by an independent restaurateur who has operated out of the site since 2005. The tenant occupies and runs the Indian restaurant and occupies the accommodation upstairs.

    Additional information

    Tenure

    Freehold - Tenanted

    Accommodation

    Ground floor - Restaurant, Bar, Seating space, Commercial Kitchen and WC

    First Floor - Two Bedrooms, Room, Hallway, Pantry, Shower Room, WC (Access from the rear)

    Second Floor - One Bedroom


    Tenancy

    Lease 10 years commencing on and including the 25th March 2015 and ending on including the 24th March 2025.

    Tenant Break on the 25th December 2020 - NOT EXERCISED

    Rent

    £60000
      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      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

      The property is located in centre of the High Street and can be found between the junctions of Pegler Way and Cross Keys Road.


      Local amenities can be found directly on the High Street.


      Crawley Station is located approximately 0.3 miles from the property

      Transport

      Crawley Station - National Rail (Southern Services to Central London)

      Legal documents

      Login to view legal documents

      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