Property Auctions - property for auction banbury

Auction date: Thu, 06/06/2024 - 12:00

Guide Price £240,000. Gross Yield 10.4%. Forming part of a mid-terrace building comprising a Large Ground Floor Retail Unit with internal access to Ancillary Accommodation at rear first floor level. The property is let on a full repairing and insuring lease by way of service charge for a term of 35 years from 2nd November 2021 (excl. s.24-28 of L&T Act 1954) at a current rent of £25,000 per annum exclusive rising to £28,000 p.a. in 2028.