33-43 Leicester Street, Bulkington, Bedworth, Warwickshire CV12 9NQ

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 21st November 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.

GUIDE PRICE: £170,000 to £190,000

Unique opportunity, mixed commercial and residential investment opportunity with current rent payable of £18,000 p.a. 3 tenanted retail units plus 3 long leasehold flats above (collection of ground rent only). Village centre location, surrounded by other retail units and residential accommodation.

ACCOMMODATION
GROUND FLOOR
Retail unit (No. 33)
Cafe
Retail unit (No. 37)
Aesthetic Salon
Retail unit (No. 41)
Shop unit
FIRST FLOOR
3 x maisonettes (No access and benefit of ground rent only)

EPC RATINGS
No. 33 - D
No. 37 - E
No. 41 - C

TENURE
Freehold subject to leases.
Leasehold flats - collection of ground rent only.

LEASES
No.33: Retail - Cafe
Term: 6 years from 03/2023
Amount payable: £5,500 p.a. Rent review: 3 years
No.37: Retail - Aesthetics Salon
Term: 3 years from 09/2023
Amount payable: £7,000 p.a. Break clause at 2 years
No.41: Retail
Term: 6 years from 04/2024
Amount payable: £5,500 p.a.
Rent review: 3 year review and Break Clause at 2 and 4 years
Residential maisonettes:
99 years from 29/9/72 (47 years remaining)
Ground rent: £15 p.a. (each property)

ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Buyers Premium: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.