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Lot 1 Sold £290,000

54 & 66 Franklin Avenue, Tadley, Hampshire RG26 4ET

  • Photo1
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Lot 1   Click here for addendum

Mixed Use Freehold Investment

6 Week Completion

Situation

Located within this fully occupied local shopping parade and serving the surrounding residential area.
Tadley lies approx. 10 miles south-west of Reading and 6 miles north of Basingstoke, with easy access via the M3 (Junction 6) and M4 (Junction 12) motorways.

Property

An end of terrace building comprising a Ground Floor Shop with separate communal access to a Self-Contained Flat at first floor level which includes uPVC windows.
The property benefits from free front parking for shoppers and from use of a rear service road allowing vehicular access for loading and unloading.

Accommodation

Ground Floor Shop
Gross Frontage 21'6"
Internal Width 20'0"
Shop & Built Depth 46'8"
Sales Area Approx. 850 sq ft
Kitchenette, WC
First Floor Flat¹
2 Bedrooms, Living Room, Kitchen, Bathroom/WC

¹Not inspected by Barnett Ross.

VAT is NOT applicable to this Lot

FREEHOLD

Tenancy

The entire property is let on a full repairing and insuring lease to Trustees of Helping Hands Tadley (Registered Charity No.1126381) as a Charity Shop for a term of 20 years from 15th March 2004 at a current rent of £24,000 per annum exclusive.

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Nathan Schindler

Nathan Schindler
020 8492 9449
nschindler@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,000 plus VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.